Save £2,000 by kicking smoking habit

www.moneynews.co.uk > Banking > Save £2,000 by kicking smoking habit

Save £2,000 by kicking smoking habit

Fri 15th Jun 2007

People giving up smoking when the forthcoming ban comes into play could save almost £2,000 by switching to a regular savings habit.

Research carried out by Alliance & Leicester shows that even current social smokers, who smoke up to 20 cigarettes a week, could save approximately £280 in a year.

Male smokers spend approximately £100 more on cigarettes each year than women, Alliance & Leicester's research also shows.

Many people have stated that they want to kick their smoking habit when the smoking ban comes into action from July 1st, with some 70 per cent of current smokers saying they want to give up.

Ross Dalzell, manager for savings at Alliance & Leicester, said: "The English population spends billions of pounds on cigarettes each year - money which could be going towards that new kitchen you've dreamed of, a two week holiday in the sun, or simply kept as a nest-egg for the future."

He added: "By investing the money saved in a high interest account each month and working towards a long term goal, smokers will hopefully find the will power to permanently kick the habit."

Related News : Banking
	Young people 'should be taught to save'
	Families 'should plan for their children's future
	Switching bank accounts 'not as easy as banks portray'
	Brits facing finance difficulties 'should talk to their bank'
	Brits 'should utilise Isa allowances'
	Brits advised on investment options
	Children 'should be given bank accounts at 16'
	Falling inflation 'could help Brits save'
	Money worries 'are mounting for many'
	Contactless payment 'is secure and convenient'

Related News : Alliance & Leicester
	Santander savings accounts 'offering 6% interest'
	Santander's pre-tax profits 'have risen by 30%'
	New guaranteed investment products from Abbey and Alliance & Leicester
	Recession 'has not dampened the ambition of young adults'
	New Alliance & Leicester Business Bank current account launched
	Alliance & Leicester 12-month business bond unveiled
	Alliance & Leicester 'to rebrand as Santander' next year
	Alliance & Leicester: 9-month fixed-rate bond launched
	Alliance & Leicester savings account returns
	Santander banks launch new bonds