Bad Habit Calculator
Indulging in vices can be one of the many joys in life, but overdoing it could be burning a major hole in your pocket. We all engage in bad habits, but whether it’s smoking cigarettes, binge drinking or frequently eating fast food, they all come with a high price tag—not to mention potential health concerns. Sure, five dollars here and there might not seem like much, but it’s surprising to see how much that will cost you annually.
To better understand how much your bad habits are costing you, we’ve created a bad habit calculator that lets you forecast the amount of money you’d save if you finally break your bad habits. What if you invested those funds? Or, used them to save up for a dream vacation?
Whatever your financial goal may be, saying goodbye to your bad habit once and for all is a practical way of achieving it. It’s never too late to make a life change, especially if it helps you keep money in your pocket.
Instructions: Input a value in the answer box for the annual total to instantly calculate. The average cost per item will appear automatically, but feel free to modify depending on your average spend.
Smoking
How many packs of cigarettes do you smoke per week?
Cost per item:
You Could Save
$0.00
Per Year
Eating lunch out
How often do you eat lunch out per week?
Cost per item:
You Could Save
$0.00
Per Year
Playing the lottery (based off Powerball)
How many times do you purchase a lottery ticket per month?
Cost per item:
You Could Save
$0.00
Per Year
Drinking coffee
How many cups of coffee do you drink per day?
Cost per item:
You Could Save
$0.00
Per Year
Withdrawing money from an out-of-network ATM
How many times per month do you withdraw money from an out-of-network ATM?
Cost per item:
You Could Save
$0.00
Per Year
Drinking bottled water
How many bottles of water do you drink per week?
Cost per item:
You Could Save
$0.00
Per Year
Drinking soda
How many cans of soda do you drink per week?
Cost per item:
You Could Save
$0.00
Per Year
Fast food
How many times do you eat fast food per week?
Cost per item:
You Could Save
$0.00
Per Year
Credit card late fees
How many times a year do you pay your credit card bill late?
Cost per late payment:
You Could Save
$0.00
Per Year
Driving carelessly
How many times a year do you get a parking ticket?
Cost per ticket:
You Could Save
$0.00
Per Year
Going out to eat for dinner at a restaurant
How many times a week do you go out to dinner?
Cost per item:
You Could Save
$0.00
Per Year
Binge watching
You Could Save
$0.00
Per Year
Clothing
How much do you spend on clothing per month?
You Could Save
$0.00
Per Year
Drink alcohol
How many alcoholic beverages do you drink per week?
Cost per item:
You Could Save
$0.00
Per Year
Gossip magazines
How many gossip magazines do you buy per month?
Cost per item:
You Could Save
$0.00
Per Year
If you quit all of your bad habits, you could save up to:
$0.00
Annually
$0.00
Per Week
If you placed the amount of money you spend on bad habits in a savings account, you would generate:
$0.00*
Annually
*based on the national average APY of 0.06% from Federal Deposit Insurance Corporation.