Warm Greeting To Our Readers! 


“Smoking is injurious to health” is the tagline printed on almost every box of cigarettes, despite this big message, several people are habituated with the toxic habit of smoking.

Smoking should be given off because it directly affects your health, and indirectly hits your family and community around you! Well, do you know, smoking not only takes a toll on your health but also drills a hole in your pocket!

Yes, this is because if a person is inculcated with the habit of smoking, it is obvious that he/she might get certain health conditions, that will incur medical expenses. Hence, the smoking habit hits finances also.

One more amazing fact that you must know is, if an individual plans to quit smoking at an early age and stand on the same firm, he/she can build wealth in crores till he attains his retirement age!

Let us see how!


How Quit Smoking Can Create A Wealth In Crore?

Let us look at a casual conversation between a smoker and a financial advisor!


Financial Advisor: Did you know that if you quit smoking, you can become a crorepati.

Smoker: You are joking. No! Seriously! But how is this possible?

Financial Advisor: How many cigarettes do you smoke in a day?

Smoker: Around 10 cigarettes.

Financial advisor: Ten cigarettes a day roughly costs about Rs 150 a day and Rs 4,500 for a month. On an estimate around Rs, 4500 is being spent by you on smoking every month. Now just inflate the cost by 10% every year. This simply shows that a good amount from your pocket is being spent on a thing that has two major effects, bad health, and bad wealth!

Smoker: OMG I didn’t notice I am spending this big amount! But the amount I spend on smoking is in thousands, how can I convert thousand into crore?

Financial advisor: Well before I make you understand this, first know, what you can do by saving your expenses on smoking, weekly, monthly, or yearly.  

If you save your expense on smoking in a week, you will save Rs 1,050 – enough to buy him new clothes or dine out for two. Or Rs 4,500 a month, enough to sponsor a weekend family travel in the outskirts of the city. Or Rs 54,000 a year to take home an Apple iPhone or do small-time home renovations.

Smoker: But how can I convert this into crores?

Financial Advisor: Well, if you only save whatever you spend on smoking, then you can create wealth only in thousands. To create wealth in crores, you must invest whatever you save on quitting smoking, in Equities or mutual funds.


Stop Smoking, Start SIPping In Mutual Funds!!

Investing in equities through mutual funds can be expected to earn about 12% per annum over the long term. This, in turn, means the savings will reach the magical mark of Rs 1 crore in 26 years, thanks to the power of compounding.

Start a SIP of Rs 4500, for long 26 years, with a 12% expected return rate, this will help you create a big wealth of around 1 crore. Below is a picture that illustrates the investment plan:


Note: SIP or Step-up SIP Calculator, only calculates the future value of your SIP investments. However, it does not guarantee the returns calculated. The returns from your investment may differ from the calculated value.


An old saying goes ‘health is wealth’. By quitting smoking, you not only help yourself but your loved ones. Moreover, in the process, you also boost your retirement kitty. And this is where the promise of equities plays an important role.

You can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible. Keep reading our article and stay updated with the latest news about Mutual Funds!


Happy Investing!


(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee to future returns).