How much can quitting smoking save the average smoker each year?

As an added incentive to give up smoking - if you still need one after the numerous health benefits - is that you will save a substantial amount of money. Smoking is expensive - your weekly income is going up in smoke.

By quitting smoking now, you will save money immediately - as well as save on future health costs.

One packet of 20 cigarettes costs £10.40 in the UK and that price keeps going up. It’s the same story all around the globe.

If you smoke one pack of 20 cigarettes a day for ten years at today’s UK price you will spend £37,960.

What could you do for yourself or your family with this money? You could buy a car or put the huge saving towards a deposit on a house!

There is no doubt that stopping smoking will make a massive impact on your bank account and your life.

The British National Health Service promotes vaping as a way of giving up smoking and the cost to vape is vastly cheaper than smoking - you’ll be looking at a cost of hundreds of pounds per year as opposed to thousands.

After one day of not smoking cigarettes

If you stop smoking for one day you can use the £10.40 you would have spent on a packet of cigarettes to buy your favourite magazine and a coffee or on a takeaway lunch.

At the same time, the health benefits after just one day include:

• Your blood pressure is more stable
• Your heart rate slows to a normal rate
• The majority of nicotine is cleared from your body
• You smell fresher

After one week of not smoking cigarettes

After one week of not buying any cigarettes you will have an extra £72.80 in your wallet. You could treat a friend to dinner, buy a new outfit, or treat yourself to a massage.

At the same time, the health benefits after just one week include:

• Your sense of smell and taste may have improved
• The cilia on your lungs are now working more efficiently
• You have higher levels of antioxidants in your body - like vitamin C

After one month of not smoking cigarettes

If you don’t smoke for one month you will have a huge saving of £316.33 (near to the cost of using certain vaping devices for a whole year!). You could use this money to go away on a mini break as a reward.

The health benefits of not smoking for one month include:

• You immune system will be getting stronger
• You will find exercising easier

After one year of not smoking cigarettes

By not smoking cigarettes for one year you will save a whopping £3796. You could pay some money off your mortgage or even travel the globe!

There are other cost-saving benefits to not smoking for an entire year, including:

• Less money spent on medication with fewer sick days
• Less money spent on cleaning to take the smoke smell away from your home
• Lower risk of fire in your home
• Fewer trips to the dentist with whiter teeth and healthier gums
• Less money spent on redecorating your home (tobacco stains the wallpaper)

This article does not necessarily reflect the opinions of the editors or management of EconoTimes.