|
Updated: 7:17 PM Nov 19, 2009
Smoking & Your Financial Health
Quitting smoking is not easy, but the American Cancer Society reports smokers who kick the habit won’t have to wait long to feel those health benefits.
Posted: 6:48 PM Nov 19, 2009Reporter: Bill Murray Email Address: bill.murray@wsaz.com |
|
1 Comments 
HUNTINGTON, W.Va. (WSAZ) – Quitting smoking is not easy, but the American Cancer Society reports smokers who kick the habit won’t have to wait long to feel those health benefits.
But we hear that year after year and let’s face it- if you’re not in the mindset to quit- chances are when the doctor speaks your not listening.
So instead of talking about the state of your health, talk about the health of your finances and the effect smoking has on your bottom line.
For instance, basic life insurance for a smoker costs hundreds of dollars more a year.
“If you’re looking at a standard tobacco rate versus a non-tobacco could make a 50 percent difference in the premium,” said Insurance Agent Jeff Hutchinson.
Francis McGuire is a long-time Realtor. His job is to get the most money for people selling a home. In some cases smoke residue may mean new paint and a new carpet. Both directly impact your profit or how long the home is on the market.
“One way or the other it’s going to probably cost by the reduction in your price or doing the repairs prior to selling,” McGuire said.
Ron Lewis owns Brothers Auto Sales- he has been in business for more than 20 years. Recent studies show the trade-in value of a smoker’s car is roughly 10 percent less than that of a non-smoker's car.
“The depreciation is greater. People will just stick there heads in a car and walk away,” Lewis said.
He also says that as a buyer of used cars, it’s sometimes more profitable to walk away from the car of a smoker.
“The resale value is greatly diminished. It’s as bad as having a panel painted or a car in an accident it’s just as severe,” Lewis said.
Even resale shops like Bella Consignment notice when clothes come from a smoke-filled home and won’t accept them.
“It is a ripple effect to it. If we’re not going to take their clothing for resale or we’re not going to take their pillows or furniture for resale, then they’re stuck with it, they’re not making any extra money so they’ve lost money that way too,” Joanie Smith said.
If those aren’t enough reasons to kick the habit, here are a couple more.
Check your health insurance policy, a majority of insurers now provide full coverage for some form of smoking cessation treatment and many workplaces offer quit-smoking or wellness programs as well.
There is also a toll free number to help you quit, it is 1-800-QUIT-NOW.
Latest Comments
There is no doubt that smoking is bad both for your health and you financial, even the smoker know this fact. But most of them choose to obey it. They have too much dependent on the smoke. It is very hard for them to try stop smoking, so instead they never try to stop although they know it is bad.
|
|
|
Popular Searches Powered by Local.com |
- UPDATE: Two More Arrests in Parking Lot Armed Robbery
- Hackers Post W.Va. Police Officers' Personal Info
- Convicted Sex Offender Wanted
- Three Aging W.Va. Power Plants Closing
- IRS Warns to Expect Some Refund Delays
- UPDATE: Man Dies in Early Morning Fire in McArthur, Ohio
- UPDATE: Mother Awaiting Sentence Faces More Trouble
- UPDATE: Man Charged in Violent Armed Robbery at Huntington Bar
- St. Albans Man Arrested in Large Drug Bust
- Agriculture Flood Disaster Declared in Jackson County, W.Va.
- UPDATE: Vigil for Missing 3-Year-Old Girl
430 Comments - UPDATE: New Chief Deputy in Mason County Releases Department Mission Statement
148 Comments - UPDATE: Woman Fires Attorney in Sniper Digging Case Lawsuit
127 Comments - UPDATE: Mother Awaiting Sentence Faces More Trouble
61 Comments - UPDATE: Some Questions Remain Unanswered in Deadly CO Leak
48 Comments - NEW INFO: South Point Man Sentenced in Marijuana Conspiracy
40 Comments
- Romney vows to get more aggressive
- Gingrich goes home turf after drubbing
- Deep freeze overloads Ukraine EMS
- 700 get food poisoning after Mexico rally
- Ousted Maldives president faces arrest
- Same-sex marriage OK'd in Washington
- 911 response probed in Powell killings
- Opinion: Google knows too much
- Brother: Clementi more than his suicide
- Embattled L.A. school set to reopen
- Same-sex marriage OK'd in Washington
- Mississippi pardons to be challenged at court hearing
- Authorites probe 911 response to Josh Powell's home
- Official: Suspect in 'South Park' threats to plead guilty
- Rutgers student's suicide shouldn't define him, brother says
- School will continue using Fighting Sioux nickname
- University of Florida suspends fraternity for 'physical hazing incident'
- Victim in Atlanta video beating to speak out
- The deadly path to legal status
- Hacked e-mails reveal Syrian spin
- Deep freeze puts strain on Ukrainian EMS
- More than 700 suffer food poisoning after Mexico rally
- Spy agency called before Pakistani high court
- Deposed president faces arrest in the Maldives
- Greek leaders ready to back austerity deal
- Officials: Drone strike kills 4 in Pakistan
- U.S.-Egypt relations tested in latest crisis
- UK: 'No negotiations' on Falklands
- Drillers reach hidden Antarctic lake
- Band camp, other clubs suspended
- Champion remembered at event
- More members accused of hazing
- Sandusky urged to stay inside
- Words matter in Penn State case
- Out-of-county jury for Sandusky?
- 4th accuser drops abuse allegations
- Accuser pleads guilty to child sex
- Attorney: Victims to sue university
- Miss. high court considers pardons
- Rivers' three adds another chapter to Duke-UNC rivalry
- Game Recap
- All eyes on Tiger at Pebble Beach
- Syracuse earns OT win vs. Hoyas
- Memphis joining Big East in 2013
- Lin dazzles again as Knicks win
- Kansas flattens Baylor with 32-4 run
- Slive says discussion of BCS changes 'premature'
- Magic KO Heat with barrage of 3's
- Big Ten exploring a four-team playoff
 |
SOMC
Very good things are happening here. Click here to learn more |
 |
Click here for school closings and delays |
 |
Watch the Lottery Live Monday - Saturday @ 6:59pm on WSAZ NewsChannel 3. Need to check your numbers? Click here. |
 |
Watch the Ohio Lottery Drawings weeknights @ 7:29pm and Cash Explosion Saturday @ 7:30pm on WSAZ NewsChannel 3. |
 |
Click here to donate and help WSAZ help children at risk in our region. Thank you. |
 |
Click here to see how our partners are making Moms and women's lives easier. |
