Financial benefits of quitting smoking
June 18, 2007 by admin
Filed under News, News-Banking
Smokers are being encouraged to kick the habit ahead of the June 1st ban on lighting up in public.
The health benefits of kicking the habit are clear but Alliance & Leicester is encouraging smokers to look at the financial benefits of stubbing out.
Around 24 per cent of people in England smoke and with the average 20-a-day smoker spending £1,909 each year on cigarettes, their banking situation is suffering as a result.
Alliance & Leicester points out that this money would be better invested in a high interest savings account which would see the saver earn up to £1,962.
“Kicking the habit isn’t an easy thing to do, but the benefits speak for themselves,” said Ross Dalzell, manager for savings at Alliance & Leicester.
“The English population spends billions of pounds on cigarettes each year – money which could be going towards that new kitchen you’ve dreamed of, a two week holiday in the sun, or simply kept as a nest-egg for the future.”
Around 70 per cent of people who smoke say that they want to quit and there is hope for those who want to kick the habit.
Figures show that 21 per cent of women and 27 per cent of men are now ex-smokers.
The smoking ban is introduced in England from July 1st and will mean that lighting up is prohibited in all workplaces, including pubs, restaurants, airports and train stations.
