Become a Crorepati: Kick the Butt

By Kavya Balaji | May 31, 2019

There are several reasons why people take to smoking. It could be stress, peer pressure or just to ‘look cool’. Whatever the reason, smokers have to spend a ton of money to feed their addiction.

We spoke to some smokers to find out how much it’s costing them to remain a smoker. Here’s what they had to say. (Names have been changed to protect the privacy of our Smoky Joes.)

Mr.Butthead, light smoker
Mr.Butthead

  • No. of cigarettes a day = 4
  • No. of ciggies a week = 28
  • Smokes in a month = 124
  • Cost per pack = Rs. 120
  • Cost per stick = Rs. 12
  • Annual smoking cost = Rs. 17,856

Equivalent = Average smartphone cost

If Rs. 17, 856 is invested in a financial product that earns 10% per annum:

Earning = Rs. 3 lakh in 10 years

Ms. Ashhead, medium smoker
Ms.Burns
  • No. of cigarettes a day = 8
  • No. of ciggies a week = 56
  • Smokes in a month = 224
  • Cost per pack = Rs. 180
  • Cost per stick = Rs. 18
  • Annual smoking cost = Rs. 52,560

Equivalent = An LED TV
Additional medical expense for smoking-related illnesses = Rs. 20,000

Mr. Burns, heavy smoker

Ms.Ashhead

  • Daily intake = 20
  • Weekly intake = 140
  • Monthly intake = 560
  • Cost per pack = Rs. 120
  • Cost per stick = Rs. 12
  • Annual smoking cost = Rs. 87,600

Equivalent = A premium motorbike

If Rs. 87,600 is invested in a financial product that earns 15% per annum:

Earning = Rs. 20.34 lakh in 10 years

Mr. Chimney, chain smoker
Mr.Chimney

  • No. of cigarettes a day = 50
  • No. of ciggies a week = 350
  • Smokes in a month = 1400
  • Cost per pack = Rs. 100
  • Cost per stick = Rs. 10
  • Annual smoking cost = Rs. 2,00,000

Equivalent = A pair of diamond earrings

If Rs. 2,00,000 is invested in a financial product that earns 20% per annum:

Earning = Rs. 65 lakh in 10 years, Rs. 1.92 crore in 20 years

The writing is on the wall. QUIT SMOKING!

Nothing is impossible. There are millions who have been there and done that. They are crorepatis now. You could be one too. You can start by investing the money you save in FDs and then move on to Mutual Funds.

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