In troubled economic times, anything that stops you from being able to work can be incredibly inconvenient. Not being able to earn money could prove to be extremely damaging to your personal finances, and it may seem that there’s very little that can be done about such a situation. If you have to leave work because of long-term injury, there’s only so much finance you may have to rely on, especially if you leave your job permanently. When you have to leave, at best, you’ll receive statutory pay from your employer, which will only cover so much.
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I stopped smoking about a year ago. It took about four months and about three false starts, but I quit cold turkey. I had picked up the habit during college. It was the only way to grab a quick break during my days as a waitress, and once the habit was formed, it stuck.
There were plenty of reasons to quit. If you’re a smoker, you’ve heard them all. All of the health effects – coronary and pulmonary diseases, yellowing of the nails and teeth, cancer – weren’t enough to stop me.
It was the actual cost of cigarettes that converted me into a non-smoker.
It was just a normal day. I was driving to work, but I pulled over and went into a gas station to buy a pack of cigarettes. When I pushed a ten dollar bill across the counter, I was shocked to only get two dollars and some change back. I thought, “There must be some mistake. It’s not that expensive, is it?”
Having a reliable health insurance plan should be the main concern of every functioning family. With proper coverage, parents and children will have minimal problems receiving regular check-ups for medical and dental issues. If someone in the family comes down with an illness, the family health insurance plan makes it simple for them to receive the medicine needed to treat the ailment. Good health coverage also makes it easier for families to find doctors and facilities to care for illnesses and injuries.
Do you groan when it’s time to get new glasses? I know I do. How about the real cost of contact lenses—not just the cost per box, but the cleaning solution and lens storage cases?
Looking after your eyes is an expensive business. Every year you can easily spend hundreds of dollars on vision care. Good news! A FSA or HSA medical savings account can help you save on these recurring expenses.
I know it is easier said than done, but as hard as it must be, if you quit smoking you will not only be saving your lungs and overall health, you will also save yourself a ton of money. Cigarette smoking is definitely one of the top money wasters, right along with buying lottery tickets and buying premium gasoline. Unlike other money wasters, however, this bad habit can have serious health consequences as well.
As a smoker, you pay up to 50% more for life insurance. Medical insurance and other types of insurance also often cost more for smokers. If you also factor in the actual cost of cigarettes, if you can muster up the courage to quit, you are looking at saving at least $3000 every year, depending on how many cigarettes you smoke per day. If you smoke a pack or more everyday, you spend closer to $4000 a year! Over the course of ten years you would have spent about $40000 on smoking alone! Just imagine what you could have accomplished with all that money had you chosen to use it for other purposes.