In a week, it could be enough for tickets to the footy or a meal at your favourite restaurant.
In a year, it could be a holiday, a new car, or bring you that much closer to a deposit on a house. With the increased cost of living at the moment, there has never been a better time to quit.
Try our savings calculator to figure out exactly how much you can save by quitting.
The hidden costs of smoking
Smoking is an expensive habit. It’s not just the cigarettes that can chip away at your savings, you’re also spending on things like lighters, lighter fluid, gum and body spray. Then there's the expense that comes with smoking-related illnesses. The cost of illness doesn’t just affect your physical health, it is also a cost to your budget. Getting sick more often means more time off work, and then there are the costs of visiting your GP, buying medication and even hospital stays.
The estimated annual cost of smoking in Australia was $137 billion.
This included hospital and medical expenses, spending on tobacco products, and costs arising from workplace absenteeism.
This figure also included the cost of years of life lost from early deaths and the impact on quality of life from living long-term with an illness caused by smoking.
Smoking also comes at a significant cost to our environment. Cigarette butts are the most littered item in Australia, releasing toxic chemicals into waterways, soils and habitats. They are often mistaken as food by animals and have been found in the stomachs of fish, birds and other marine creatures. The filters contain plastic which means they are not biodegradable, and the butts pose a serious fire risk when flicked into bushland.
Whether it’s for your health, wealth or the environment, there has never been a better time to quit!