This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

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.

     (Photo: http://photos.prnewswire.com/prnh/20130325/604969-INFO )

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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs