Smoking is a costly habit. Besides being unhealthy, cigarettes can cost a pack-a-day smoker over $2500 a year, and we could all use that money to pay down debt, take a vacation, or just have some insurance money left in the bank.
It’s also shocking to realize that Big Tobacco – the same industry we thought we got rid of years ago – is quietly raking in some serious profits. A lot of these profits are coming from overseas markets, but Big Tobacco is still advertising here at home. After 40 years of decline, the smoking rate in the US has flat-lined for the last five years.