How to give up smoking and save money

Why you shouldn't fear your finances

There are many different reasons to give up smoking, from your health to your finances, but if you are addicted to this habit, giving up may not be so easy. Money is a great incentive to quit smoking for good, and if you have made the decision to stop the habit, there are plenty of ways to do it.

Set a goal

This applies to the date you are going to quit, and what you want to save up to buy. By giving yourself a definite date you are preparing mentally for the first day you will not smoke. This preparation can help rather than deciding on a whim to give up there and then. When it comes to what you want to purchase with the money you save, it can help to have visual reminders in your home, at work and in your wallet or purse, so that any time you feel like reaching for that cigarette, you will be reminded why you are going to refrain.

Get ready for a shock

As with any habit, it can be surprising to learn just how much you spend over a year on that particular activity. Smoking is not cheap, and it is not surprising that research revealed on Capitalotc.Com suggests that there is no bigger incentive than money to quit smoking. The best way to realise how much you are spending on cigarettes is to use a free online stop smoking cost and budget calculator. You simply input how much you spend on a packet of cigarettes, how many cigarettes are in that pack, how many you smoke per day, and how long you have been smoking. At the end of this, you will be presented with the shocking amount of money you have spent so far on cigarettes, in addition to how much per week, daily and monthly you spend. 

Save money, don’t spend it

Although the cost and budget calculator is extremely helpful for predicting how much you can save once you stop smoking, a physical representation can be useful to many people. Each day, put into a jar, or a bank account how much you would have spent on cigarettes, and check your saving weekly to actually see how much money you are saving. Watching the money accrue is a powerful incentive to continue your smoke-free journey.

Reward yourself

It takes amazing willpower and determination to stop smoking for good, and you should be commended for the effort you are making. In addition to the ultimate prize you are saving for, reward yourself each week with a small portion of the savings to remind yourself why you are doing this. Treat yourself to a day out, new clothes, or even just a luxury cake, but whatever you choose, make sure it is something you have really wanted but not been able to buy before because you spent that money on cigarettes.

Quitting without any assistance is difficult, and using nicotine patches and attending smoking cessation counselling are positive steps you can be taking to ensure you give up smoking for good.

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