Quit Smoking And Start Saving.

Despite the government’s ban on smoking indoors many of us are still lighting up, even in the coldest of weather. However, not a few people took the ban as an opportunity to give up.

We have all heard the stories of chronic health failure for those who smoke. Smoking related diseases range from lung cancer, heart disease, throat and mouth cancers to emphysema and chronic bronchitis. It is no wonder that many people want to kick the habit.

In addition, the dangers of passive smoking have been well documented. Wouldn’t it be nice to think that you are not only helping your own health but also that of you family and friends, especially if you have very young children?

Giving up smoking can see people in the UK save money as well as their health, according to new research.

A notable Finance firm comments that £2,000 per year is spent by those who cannot kick the habit. Many see smoking as an affordable necessity but if you can give it up your finances and your physical condition could be much healthier. As a result of a healthier lifestyle your other financial outgoings could also be reduced, for example life insurance.

According to a company director, deciding not to smoke can result in cheaper life insurance policies as well as an increase in the amount of money people can save.

"Giving up smoking can save you much more than just your health, with at least £2,000 saved per year, quitting means you can pay off credit card and mortgage repayments faster and become much more financially savvy," said the official.

If you invested the money you would normally have spent of cigarettes in a high interest account over the year you could have enough to have a really good holiday, buy a new kitchen or save towards a new car. Some may even use the savings to fund their children’s university education or their first car or house.

If you would like to know more about saving why not ask AnswerBank Business and Finance.