I'm just posting today to show you just how affordable cigarettes really are.
The math is truly compelling.
Let's use a pack-a-day smoker using a 20 pack of cigarettes for our case study.
Calculating Cheap Cigarettes
An average pack of 20 cigarettes costs about $35 (in Australia)
That equates to only $245 per week
That's just $12740 a year.
Just for fun, here is the mathematical calculation of what a smoker could have had if they popped that $35 per day into a simple, boring, indexed investment account across the course of their working life ..... like so:-
$35 per day
40 years - (from aged 20 to 60 - a normal Australian's working life)
Invested into a boring simple index fund returning an average of 7% per year, this $35 per day would amount to $2,670,000.00 at age 60.
I wonder if $2.6 million would be useful at aged 60 for anyone?
Should I redo the calculations for a 40 pack maybe ..... would that help?
So yeah, click here for cheap cigarettes.
Take care and stay nice.