The Electronic Cigarette Company Highlight The Money That Can Be Saved By Switching From Cigarettes
BLACKBURN, England, March 25, 2013 /PRNewswire/ --
The savings that can be made by smokers switching to electronic cigarettes has been demonstrated today by The Electronic Cigarette Company (TECC). With the price increases placed upon tobacco by the 2013 budget now in place, cigarette smokers are feeling the financial pinch more than ever. Using a simple infographic, TECC have highlighted the costs of a '20-a-day' cigarette habit against the equivalent electronic cigarette usage.
With the average price of cigarettes standing at £7.46 for a pack of 20, more and more smokers are considering legitimate alternatives. The informative graphic produced by TECC demonstrates the cost of switching to electronic cigarettes and the annual possible savings that could result.The infographic informs the reader of an annual £2,000+ saving that could be made by switching to electronic cigarettes. The average annual cost of using an electronic cigarette is only £528.78 for the first year and £485.28 for subsequent years. This will be comforting news for cigarette smokers spending more than £2,685 a year on cigarettes who are considering making the switch. To fully demonstrate the implications of these savings, TECC shows alternative products of equivalent pricing. The savings that are accrued by switching to electronic cigarettes could afford the family 8 iPads with cash to spare, or they could all fly off to the Caribbean. Alternatively, almost a full year's worth of food shopping for the average household could be funded with the money saved by using e-cigs instead of cigarettes. Indirect savings can also be made when switching to electronic cigarettes. Smokers are increasingly at risk of being refused work by employers in the EU under stipulations in the law. The average wage for a smoker is 4%-8% lower than their non-smoking counterpart, and additionally, the average smoker will miss 2.7 more days of work per year than non-smokers. Monetary savings are just one reason why many are reconsidering their cigarette habit and progressing onto electronic cigarettes.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV