Every wondered how much money those bad habits of yours are costing? Well check out this article from BankRate. It gives a some very clear and almost scary details of the overall financial damage your bad habits are causing. The top three healthwise are smoking, drinking and unhealthy eating.
Smoking
Yearly cost of $2,555
Compounded over 30 years: $201,994
Drinking
Yearly Cost of $1,560
Compounded over 30 years: $123,331
Eating Unhealthy Food
Yearly Cost: $432 to $4,879
Compounded over 30 years: $34,153 to $385,725
So what to do? Because you are looking at the next 30 years you need to make small incremental changes. The biggest move is to quit smoking...and while difficult will probably make the largest health and financial impact in your life. The second move is to simply have a drink or two less a week. This will cut your calories and spending fairly significantly. And, come on, do you really need that extra rum and coke to have fun? The last is to cut back on unhealthy foods. Again it's always better to do things in moderation.
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