How To Easily Earn 10% Per Year
Is that even possible?
Money For Smokers uses a 10% annual growth rate to calculate how much you could make if instead of smoking you invested your money. This number isn’t chosen at random, it’s the 30 year average for the U.S. stock market. For more information on the stock market check out:
We prefer to under-promise rather than over-promise and fail to deliver. That’s why we are conservative (pessimistic) with our estimates. If we based our annual growth rate on the average of the last 10 years, it would be closer to 13.95%, and you would make even more money by quitting smoking!
How To Start Investing
There are lots of choices, so let’s keep it simple.
For investing, we recommend Acorns. Acorns is a super simple app that allows you to track your investments, monitor their growth, and get started investing in just a few minutes. Best of all for smokers, you can set up a daily recurring deposit which makes it super simple to invest the money that you would have spent on cigarettes.
What’s next?
Retirement? A new car? Vacation?
What you will do with all your new found money is up to you! Just remember, before you can truly celebrate, you need to quit smoking! We know you can do it, and we have some tips to help you along your way, head over to our How To Quit Smoking page.
Congratulations on starting your journey towards financial wellness and being smoke-free!