How Your New Years Resolution Can Save You Money
HOW YOUR NEW YEARS RESOLUTIONS QUITTING SMOKING If you start putting your cigarette money into a 9% interest 401k when you're 40, you'll retire at 70 with $125,000 in extra cash. FACT: CAN SAVE YOU MONEY The average American is Making New Years resolutions is easy. It's keeping them that can be tough. The most popular resolutions actually have financial benefits, and knowing how much you're saving might help you stick it out for the long haul. ANNUAL LIFE INSURANCE RATES SMOKING NON-SMOKING Smokers spend $17,973 more on | healthcare in their lifetimes than non-smokers. more motivated when a financial reward is involved. WEIGHT LOSS MEN $1,400 $46O FACT: Save $900 per year by putting half of every restaurant meal into a Losing weight can save you 40% on your life insurance premium WOMEN $1,000 $400 85% of Americans base their New Years resolutions on losing weight or quitting bad habits. to-go box, which you can then eat as every year. leftovers. QUITTING DŘINKING Even if you have a different resolution, it's a good idea to do some research and see if there are any financial benefits if you stick it out. Chances are, you'll find that your bad habits are costing you some serious cash. Regular drinkers spend between $11 and $20 per week on alcohol. ANNUAL HEALTHCARE COSTS IN AMERICA HEALTHY MEDICAL $3.400 $4,870 OBESE Quitting drinking is like getting a yearly raise of up to $1,040. COSTS R$700 $1,300 Sources http://live.wsj.com/video/the-financial-benefits-to-losing-weight/47C49F48-1A0A-44D8-A78C-42ADFEE6D768.html http://sphhs.gwu.edu/departments/healthpolicy/dhp_publications/pub_uploads/dhpPublication_35308C47-5056-9D20-3DB 157B39AC53093.pdf http://today.msnbc.msn.com/id/45860 152/ns/today-money/t/ways-save-money-while-losing-weight/ http://health.nytimes.com/hoalth/guides/disease/alcoholism/print.html http://shine.yahoo.com/healthy-living/women-vs-men-shine-survey-results-on-how-we-drink-2465165.html http://www.smartmoney.com/spend/family-money/get-rich-quit-smoking-20596/ http://abcnews.go.com/Health/Healthday/story?id-81849758page-1 BROUGHT CASH TO YOU BY STORE
How Your New Years Resolution Can Save You Money
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