We could all use a little more cash in our wallets, or stocks in our portfolio, or funds in our savings account, and we would all like to be healthier. I wanted to put together a list of things that people spend money on every day that are bad for them, and show how much you could save by eliminating unnecessary spending, while at the same time improving you health.
1. Coffee - Assuming you buy a coffee per day, 5 days per week you are probably spending $780-1300 per year. Cut out that morning coffee by just bringing a container of water from home, and you wallet and your body will thank you.
2. Tobacco Products - If you smoke a pack per day, you are spending about $1800 per year on cigarettes. That alone is a decent chunk of change but health insurance is cheaper for non-smokers, so you are missing out on that savings as well. Im not sure of the cost of other tobacco products, but I assume it has to be similar.
3. Lunch - Again assuming you go out for lunch 5 days per week and you spend $5 more going out that you would spend if you pack your lunch from home, you are spending $1300 more than you would spend if you packed your lunch at home and brought it to work. That sandwich from home is going to be a lot healthier than the burger from McDonalds you usually get.
4. Candy - If you eat even one small piece of candy per day, you are probably spending over $100 per year on candy. That figure could easily double or more if you eat a lot of candy. Candy is high in sugar and fat, so it is unhealthy and unnecessary spending.
5. Alcohol - The average american family spends $450 per year on alcohol. Again, if you are a heavy drinker you could easily spend twice this amount per year. Now a little alcohol doesn’t hurt but cut out most of it and save yourself $400 per year.