Part 10/13:
9. Costly Habits: Smoking and Vaping
Cigarettes and vaping are costly habits, both financially and health-wise. With an average pack costing around $8 in the U.S., a daily smoker spends over $2,500 annually. The cumulative cost over years is staggering.
Mathis advocates quitting these habits, emphasizing the compounded savings that could be redirected into investments—potentially growing into actual wealth or supporting retirement. Besides the financial impact, health risks further threaten long-term security.