This Article is About
different point of view
low interest rates
certificate of deposit
quitting smoking
twenty minutes
smoker
cigarettes
A Very Powerful Reason For You To Decide To Quit From Smoking
Join 1000's of Authors at StreetArticles Today!

A Very Powerful Reason For You to Decide to Quit From Smoking

Have you ever seen a quit smoking timeline? They show the advantageous health effects that your body will experience once you quit from smoking since the very first twenty minutes. This is a quitting smoking timeline from a very different point of view to help you realize about other desirable effects you could gain from quitting smoking apart from the well-known healthy effects. Hopefully this facts will help you to build a strong will to quit from smoking from now on.

Let’s suppose you are an average smoker who smokes a cigarette package a day, and that package costs an estimated value of one dollar each, for the sake of being conservative and maintaining simplicity.

Let’s say you stop from smoking since the very first day of this year, saving one dollar at day, and you decide to invest that money (which you would otherwise spend buying cigarettes) in some known investment scheme with compound interest. Then you save all the money in a bank account without touching it. When the investing period expires at the end of each month, interest is added to the existing quantity (called Principal) and you deposit the money you saved along that month, so both the money saved and the interests obtained increment the investment.

Remember that investing in an account with compound interest and adding regularly some quantity instead of withdrawing, is a VERY POWERFUL scheme. Have you ever wonder how much money would you do this way? Let’s make some calculations.

Let’s say you choose to invest your money at CD (Certificate of Deposit) at some Bank, with a CD Rate of 0.99% annually, compounded daily. Please consider that we are using the very low interest rates offered by banks at these days, so the results will seem much more appealing once they will hopefully raise up in the future. Then if you quit from smoking at the start of this year, by the end of January you invest your first 31 dollars. By applying the compound interest basic formula:

Compound interest formula: FV = PV(1 + i) power n, (You can see more details about this calculation). (FV stands for Final Value).

By February 29th, you would have:

FV = 31*(1.0078) = $ 31.245 Dollars

Not much yet, but then you add the 29 dollars you saved along February, this builds 31.25 + 29.00 = $60.25 to be invested along March. Then at March’s end you would have:

FV = 60.25*(1.0078) = 60.72 Dollars.

OK, this is just the beginning, so we could develop the rest of the year assuming that you add at the end of each month the quantity you saved:

By April’s end: you will have 92.45 Dollars

By May's end: $123.41

June: $155.63

July: $187.10

August:$ 219.82

September: $252.80

October: $285.03

November: $318.53

December: $351.28

January: $385.30 Dollars

By the end of January 2013 (remember we accumulate your investments one month later since the beginning) you could have $385.30 Dollars. It means 19.30 Dollars more than if you would have been saving your money without investing it in any way. At this moment, considering the very low interest rates existing at this moment, it would not have very appealing, but we can how this quantity grows each year:

By January’s end of 2014 (2 years saving and investing your money) you would have: 807.66 Dollars with a $77.66 revenue.

The next 3 years would give you these quantities:

January 2015: $1,271.83 with a $176.83 revenue.

January 2016:$1,781.95 with a $321.95 revenue.

January 2017: $2,361.08 with a $536.08 revenue.

This means that if you quit from smoking for five years and you invest the money you saved along this time, you would have $2,361.00 dollars, money that you would BURN out if you continue smoking. Can you imagine the things you could do with this money? There are some interesting suggestions to consider, one of them is to use the action-prize scheme, which means that you make the resolution of quitting from smoking and you give yourself a prize for accomplishing it, using the money you saved.

Please consider that you could have any useful thing you'll buy with that money added to the obvious health benefits you will gain for you, but the most important thing is that if you stop smoking now, you stop damaging your health and the people around you, and you’ll start to live a healthier life!


Street Talk

No comments present
You May Also Like
What To Do If He Tells You He Wants Space - This!
Are you guilty of "mothering" your boyfriend? Are you always asking him where he's been and who he's with? Do you smother him with affection or try to get him to cuddle you when he's in the middle of something else? If your answer was "no, of course not" you…
By: Charlotte Jane in  Relationships  >  Conflict   Aug 24, 2012  
0
  Likes: 2

Binary Options - Probabilities, Odds, And Payoffs
Odds and payoffs are inextricably linked together. They are versions of the same concept seen from a different point of view and, along with probabilities, they are the mathematical backbone of games of chance and gambling. They are also a wonderfully simple lead-in to the much more complex world of…
By: orcun in  Investing  >  Day Trading   Nov 11, 2012  
0
  Likes: 1

What Are the Differences Between Database And Spreadsheets
Wikipedia defines a spreadsheet as 'a computer application that simulates a paper accounting worksheet'.It then defines a database as 'an organized collection of data for one or more purposes, usually in digital form.'So, a spreadsheet is a simulation of a large piece of paper for one-off calculations, such as performed…
By: Franc Sutherland in  Computers and Technology  >  Software   Nov 14, 2011  
0
  Likes: 0

Should I Join A Real Estate Investors Club?
What exactly is a real estate investors club, and is it right for me? A real estate investors club is a group of real estate investors that get together, usually on a monthly basis, to hold training and discuss ideas and techniques of investing in real estate. One of the…
By: Keith Gebhart in  Real Estate  >  Buying   Dec 23, 2011  
0
  Likes: 0

A Foolproof Method To Grow Your Affiliate Marketing Income
Are you struggling to make a decent affiliate marketing income online? You're not alone, in fact tens of thousands of people are desperately seeking a way to improve their situation right now. So if you're sick of buying information product after information product trying to turn things around, there's a…
By: Tony Penman in  Internet and Businesses Online  >  Internet Marketing   Sep 12, 2011  
0
  Likes: 0

Answers to Your Prayers in Your Personal Growth and Personal Change Program
What is the difference between a wish and a prayer I your personal growth and personal change program? Maybe they are the same. But those who don't believe in God, since they relate prayer with some kind of religious experience, would not agree. For that matter, could you say a…
By: Richard Kuhns in  Self Improvement  >  Empowerment   Oct 02, 2011  
0
  Likes: 0

Credit And The Consumer: Taking A Proactive Approach
Many consumers are becoming more aware that they need to take a proactive approach when understanding their credit and searching for ways to improve credit rating. By becoming more involved and taking the appropriate actions, they can effectively raise their credit scores to make themselves more attractive to potential creditors. The immediate…
By: Ron Estel in  Finance  >  Credit   Oct 05, 2011  
0
  Likes: 2

Light Up Your Life Not Bud: 3 Easy Steps to Quitting Smoking Weed
Look, I'm not going to tell you why dope is bad for you or how smoking the green doesn't make you sound like Kierkegaard, because frankly, if you are reading this, you already know that. What you will learn, however, is how to quit smoking weed and how doing so…
By: tonyzhang518 in  Health and Fitness  >  Quit Smoking   May 22, 2016  
0
  Likes: 0

Smoke Free Electronic Cigarette Health And Safety Issues
Electronic Cigarettes, also known as E-Cigarette or electronic nicotine delivery system are battery operated device that is devised to deliver nicotine in different flavors in form of vapor instead of smoke. They appear like traditional cigarettes, pens or a U.S.B device. While these devices are considered as an alternative to…
By: dodgevaus in  Health and Fitness  >  Quit Smoking   Apr 11, 2016  
0
  Likes: 0

V2 Cigs (vapour 2)
e-smoker.club is in België de exclusieve verdeler van o.a. Vapour 2 Start elektronisch roken met de starterkits van Vapour 2 STARTERKITS Vapour 2 (voorheen V2 Cigs) is één van de toonaangevende merken elektronische sigaretten in de Verenigde Staten. Deze e-sigaret is gebaseerd op een 2-componenten systeem met een cartomizer (de…
By: e-smoker in  Health and Fitness  >  Quit Smoking   Apr 03, 2016  
0
  Likes: 0

E - cig Clearomizers the Favorite Of New Generation Australians: Part II
Clearomizers in vaping machines give you the freedom to check the level of the fluid every day. You can easily see through the transparent clearomizer and thus get an alert. In a cleoromizer, brilliancy meets style and makes it perfect for you to consume. E-cigs have become quite popular among…
By: avline watson in  Health and Fitness  >  Quit Smoking   Mar 05, 2016  
0
  Likes: 0

Elektrische Sigaretten, Elektrisch Roken, Elektronische Sigaretten, E - Sigaretten
e-smoker.club, uw webwinkel voor elektrische sigaretten, elektrisch roken, elektronische sigaretten, e - sigaretten Joyetech eGrip Review Joyetech eGrip Review De Joyetech eGrip is de nieuwste innovatie van één van de bekendste producenten op het gebied van e-sigaretten. Wat meteen opvalt bij deze e-sigaret die valt binnen de categorie boxmod’s is…
By: e-smoker in  Health and Fitness  >  Quit Smoking   Mar 03, 2016  
0
  Likes: 0

Club, Dé Webshop Voor Elektrische Sigaretten E - liquids En Elektrisch Roken
e-smoker.club, dé webshop voor elektrische sigaretten e-liquids en elektrisch roken Hoe verschillen mini elektronische sigaretten onderling? Klassieke elektronische sigaret, Mini elektronische sigaret, Sigaret-Look-A-Like Top 5 Mini Elektronische Sigaretten Als er één groep is waar de prestaties tussen de spelers ver uit elkaar liggen dan is het bij mini elektronische sigaretten.…
By: e-smoker in  Health and Fitness  >  Quit Smoking   Mar 03, 2016  
0
  Likes: 0

Club, Elektronische Sigaretten, Elektrische Sigaretten, Top Liquids
e-smoker.club, elektronische sigaretten, elektrische sigaretten, top liquids Gezondheid en veiligheid van de Elektronische Sigaret De e-sigaret en uw gezondheid : Inleiding Iedereen heeft zo zijn persoonlijke reden waarom hij/zij gedeeltelijk of helemaal overschakelt naar electronische sigaretten. In de sectie voordelen vind je ongetwijfeld een aantal dingen terug die bij vele…
By: e-smoker in  Health and Fitness  >  Quit Smoking   Mar 03, 2016  
0
  Likes: 0

De Beste E - sigaretten, Elektrische Sigaretten, Top Liquids
De beste elektrische sigaretten en topliquids koop je best online bij e-smoker.club. A-merken van top qualiteit. Bij de gemiddelde roker zijn E-sigaretten ondertussen een ingeburgerd fenomeen. Ze zijn reeds een aantal jaar te verkrijgen via diverse kanalen. Naast een aantal respectabele firma’s is er in de loop der jaren een…
By: e-smoker in  Health and Fitness  >  Quit Smoking   Feb 28, 2016  
0
  Likes: 0

Article Views: 1629    Report this Article