BusinessHow Much A Person Can Save by Quitting Smoking
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How Much A Person Can Save by Quitting Smoking
Cost of buying cigarettes can be substantial in long term
For smokers, cost of insurance is higher compared to non-smokers
A health insurer can even deny service to heavy smoker, says an expert
For smokers, the cost of both life and health insurance is higher than what a non-smoker has to pay.
Smoking is not only hazardous to your health but can also burn a big hole in your pocket. The day-to-day cost of buying cigarettes may not pinch you much but the cost over the long term can be substantial.
Suppose, a 25-year-old smokes 10 cigarettes of Rs 13 each a day. This costs him/her Rs 130 per day and Rs 3,900 per month. If we assume that the price of cigarettes will increase at the rate of 10 per cent, the person would have s...