Personal Finance
The Cost of Vice: How Expensive are Alcohol & Cigarettes in the Long-Run?
By ValueChampion  •  October 1, 2019

Get the Best Credit Cards in Singapore

{"applyCallToAction":"Learn More","defaultSelectedItem":"","description":"","formType":"credit-cards","title":"Get the Best Credit Cards in Singapore","options":[{"label":"Rewards","url":"https://www.valuechampion.sg/best-rewards-credit-cards","value":"rewards"},{"label":"Cashback","url":"https://www.valuechampion.sg/best-cashback-credit-cards","value":"cashback"},{"label":"Miles","url":"https://www.valuechampion.sg/best-travel-credit-cards","value":"miles"},{"label":"Promotions","url":"https://www.valuechampion.sg/best-credit-cards-promotion-and-bonus","value":"promotions"},{"label":"No Annual Fee","url":"https://www.valuechampion.sg/best-no-fee-credit-cards","value":"no-annual-fee"},{"label":"Petrol","url":"https://www.valuechampion.sg/best-petrol-credit-cards","value":"petrol"},{"label":"Overseas Spending","url":"https://www.valuechampion.sg/best-credit-cards-overseas-spending","value":"overseas-spending"},{"label":"Grab Rides","url":"https://www.valuechampion.sg/best-credit-cards-grab-rides","value":"grab-rides"},{"label":"Shopping","url":"https://www.valuechampion.sg/best-shopping-credit-cards","value":"shopping"},{"label":"EZ-Link","url":"https://www.valuechampion.sg/best-ez-reload-credit-cards","value":"ez-link"},{"label":"Student","url":"https://www.valuechampion.sg/best-student-credit-cards","value":"student"}]}

The consumption of alcohol and cigarettes is relatively common in Singapore. Unfortunately, these habits come at a surprisingly high cost. On top of purchasing the products themselves–which can add up fairly quickly–consumers also risk negative health impacts and even a decrease in workplace productivity. Overall, these expensive behaviours can have a long-term impact far beyond what most people might expect.

Smoking & Drinking Can Cost More than a 1-Week Vacation

To begin with, alcohol and cigarettes are heavily taxed goods in Singapore, which already makes them quite expensive to purchase. When considered over a year, the costs of such habits can easily add up to hundreds of dollars–or even higher for those who regularly partake in both. While some

...
Read the full article
By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance