Quit Drinking Blog

Are You Drinking Yourself Out of Retirement?

Do you really know how much drinking has cost you today, this week, this month and your life? Would 3 million dollars surprise you? I am guessing you probably have a good idea when it comes to this week or month, but if you are a regular drinker you are most likely underestimating the real cost of your drinking over time. The first time this realization hit me was when I was reading Total Money Makeover by Dave Ramsey and he mentioned how much money you would save over your adult life if you invested one of your monthly car payments into your retirement account instead.

So let’s take a closer look at this. First, let’s assume you spend about 11 dollars a day on alcohol and you do this over your adult life for roughly 40 years. If you were to get the average rate of return from the stock market over this time (11% from 1932-2008) you would be drinking away almost 3 million dollars. So the first question you probably ask is do you really spend 350 dollars a month on drinking? You would have to answer that, but what I can tell you is even if you are a very economical drinker, but still drink 4 or  more nights a week, it would still be easy to surpass this number monthly. The older I got the less time I spent in bars, but also the more I drank. But even if I only went 3 times to a bar over the month and spent 30 dollars a visit all of a sudden my daily “budget” for drinking just dropped down to 9 dollars for the rest of the days of the month. The honest truth I have to face is that over my drinking “career”, even with these conservative numbers, my drinking cost me 300,000 dollars. That number doesn’t sound as bad as the 3 million, but if you are familiar with compound interest the real growth of your wealth happens in the latter years, which I lost by drinking away the money in the early years.

Regardless, the scary part is this is only a tiny part of the equation. How much has alcohol cost you indirectly? For most this number easily surpasses the cost of alcohol itself.

The first area is your overall health. If you are a regular drinker it is highly likely that you have gotten more flus and colds at a minimum, but you also put yourself at a much higher risk for the biggest natural killers in our society – heart disease, stroke and cancer. Anything from the little cold to the heart attack most likely has a financial impact, whether it is the cost of cold medicine, lost wages for missing work or the substantial health related costs that comes with any major health issue. Some of you might not agree that there is a connection between alcohol and health, but I think the simple fact that alcohol is a poison, used to fuel cars, should help clarify that you do impact the health of your body and mind by putting alcohol in it, especially if you put alcohol in it on a daily basis. I will save the details of this for another blog.

A Time magazine article stated that 60% of all bankruptcies are caused by health issues and 75% of health care costs are attributable to chronic preventable diseases. Also 40% of premature deaths are caused by lifestyle choices. So the question you have to ask yourself is if your drinking has put you on the path to be one of these statistics? Personally I had a heart attack scare and all kinds of health related issues, albeit all thankfully pretty minor, but all directly related to alcohol and all cost me and my family real money.

So what other costs are we missing in this equation? This article does not have time to completely address this question, but here are some areas to think about. What have you bought when drinking that you may not have? Have you treated strangers before while out drinking? Have you bought things in stores, from infomercials or on the Internet that regularly you would never have considered doing sober? Have you gotten a drunk driving ticket or any ticket that was in some way related to your drinking? Have you destroyed a relationship, friend or marriage, from drinking that cost you money, job referrals or networking opportunities? Have you put on weight due to the impact drinking has had (extra calories, less energy for exercise) forcing you to buy new clothes more often? Did you make other poor decisions or commitments while drinking that cost you money, time or both? How much money did your spouse spend in response to your drinking and their frustration with it? This one my wife and I can thankfully joke about now, but it was absolutely an unhealthy dynamic that affected our financial situation.

I think you get the point. The list can go on and on with regard to poor financial decisions you made while under the influence of alcohol, or the influence the morning after. I am not saying all of these costs simply go away when drinking goes away. You will still want to go out, still be generous with others, still buy things on the Internet and will probably take on hobbies that offset some of these savings.  My only point is if you drink too much the cost is probably much higher than you care to realize. I know it was a bit of a depressing realization for me so I recommend you take a close look at your situation and see if any of this applies to you.

Dave Andrews


  1. Then when I set up the whole lot, have the money,
    do what was mentioned on this thread: Area title, host, wordpress platform.

    Review my homepage :: hostgator coupon code (Jaqueline)

  2. To durgyy: you could make investments time to step 1 : search key phrase and find the great keyword in your product review.

    Feel free to surf to my webpage … hostgator promo code;

  3. Hostgator has been offering VPS hosting for fairly a couple of years now and trust me
    its providers are outstanding.

    Take a look at my blog post: hostgator coupon codes (Sue)

  4. By the point you are performed, you’ll hopefully be capable
    to make better choices concerning your websites.

    my blog: how to get hostgator coupon codes

  5. It does not matter if you have tens of thousands of visitors hitting
    your website each day or every hour, the downtime of Hostgator Devoted Hosting
    is among the lowest in the trade and it is very dependable as well.

    Also visit my web page – hostgator discount codes

  6. One of the best part us that HostGator ensures a again up of customer service to help their shoppers handle numerous

    Check out my blog :: hostgator coupon code – Pamela,

  7. Decide which host to make use of based mostly on how properly it meets your hosting wants rather than on other
    services it gives. You might not get the most effective
    deal on domains or different additional providers out of your
    internet host provider. Do not buy these additional services when you
    join web hosting until you are confident that you’re getting one of the best deal.

    my page … hostgator 1 cent coupon 2016;,

  8. You’ll want to have a good suggestion of how your investment is being protected.

    Feel free to visit my blog – hostgator coupon code 2016 (Yong)

  9. Discover out what other programming services your potential web host affords.
    You don’t need your sites to be restricted to CSS and HTML.

    Also visit my website hostgator coupon codes – Shela,

  10. At all times check the pace and functionality of a
    website hosting service prior to purchasing a plan from

    Feel free to surf to my web blog hostgator 1 cent coupons

  11. When selecting a web hosting service, at all times check their document for
    down time.

    Feel free to surf to my webpage: hostgator coupon 2017 [Rich]

  12. Shared or devoted internet hosting, which is the higher resolution for you?

    My web page: hostgator coupon codes (German)

  13. Log onto the web and seek for a domain internet hosting service
    which affords a management panel (CPanel) akin to HostGator or GoDaddy.

    Have a look at my page – hostgator coupons 2018

  14. Perceive the difference between dedicated and shared internet hosting with regards to choosing an online host
    for your new web site. Basically, devoted internet hosting
    is when you have got your personal server and the
    bandwidth isn’t shared with other customers. That is appropriate for very giant corporations who have the time and sources to invest in this.
    Shared internet hosting is the economical and straightforward alternative for a
    small or medium sized enterprise. Let another person do the
    laborious stuff and focus on your precise enterprise goals.

    Feel free to visit my blog :: best hostgator coupon

  15. After getting subscribed to a HostGator web hosting and used the hostgator coupon code 2013 successfully, ensure you unfold the word.

    Also visit my website … my web-site

  16. Save a median of $23 with 24 coupon codes & deals
    for HostGator is a Texan web hosting firm that has seen speedy enlargement in recent times.

    Here is my weblog: hostgator promo code – Fidelia

  17. With buy of a website hosting plan you’re going to get a free domain identify of your selection.

    Feel free to visit my website … hostgator coupon code (Shona)

  18. Although it is perhaps slightly costlier, the comfort of understanding which you can depend on your net host will likely be effectively
    price it.

    Check out my webpage … hostgator vps coupon code

  19. So you get to retain all of the information, domains,
    e-mails, databases and scripts on Hostgator with the free transfer and
    have your previous websites replicated and set up on the new internet
    hosting with none further price.

    Look at my blog: hostgator coupon code; Luca,

  20. The shock is that, HostGator has acquired much more than 2,25,000 shoppers
    in the past 8 a long time.

    My web blog cheapest hostgator coupon

  21. If you do not know the way to create these scripts, some web hosts can give you

    my website hostgator coupons [Ralph]

  22. Should you keen to wait for the Black Friday”and Cyber
    Monday”offers you can save as much as seventy five% on your internet hosting costs with Hostgator.

    my web site … hostgator 1 cent coupons (

  23. I am an expert blogger and internet designer for very long time now and I would advocate Hostgator to all my pals and purchasers for
    as long they continue offering the standard as its in the

    Here is my page; hostgator promo code (Alisa)

  24. Thus, I hope that this website is the one-cease place for the customers to look for the Hostgator coupons relatively than jumping right here and there to look for the simplest coupons out there.

    Here is my web page – hostgator coupon 2018; Sonya,

  25. We also confirm: In every month, You can save up to forty%
    off, 45% off or seventy five% off with Hostgator offers/gross sales (Special provides).

    Here is my page: hostgator coupons – Leonora,

  26. The intriguing and important rule concerning fee distribution is that
    the existing subscriber will get the due share even if the referrer indicates relevant referral
    code and clicks on another referral hyperlink.

    Also visit my site :: hostgator maximum discount coupon

  27. Thanks meant for offering this sort of well put together information
    nba 2k17 mt

  28. Merely want to mention I am delighted I came in your site!.
    nfl 17 news

  29. excellent condition. fast shipping. will buy from again

  30. Perfect transaction from a 5 star seller all the way, love the shoe, thanks!

  31. Super Fast Shipping! Great Merchandise Just As Promised! A++++

  32. Shipped very quickly, items as described, very pleasant experience! Thanks!

  33. Fantastic seller!!! 5 starsss..super fast shipping

  34. This was 1st purchase, seller was very kind and helpful! Great shoe!!

  35. BELLE ! parfait

  36. Beautiful shoe! Arrived quickly.

  37. What a deal! Great seller, fast shipping! A++++

  38. I like it when people come together and share opinions.
    Great website, stick with it!

  39. Hello very nice blog!! Guy .. Excellent .. Wonderful
    .. I will bookmark your web site and take the feeds also?
    I’m satisfied to search out so many useful information right here within the
    post, we want develop more techniques in this regard,
    thank you for sharing. . . . . .

  40. I always used to read post in news papers but now
    as I am a user of internet so from now I am using net for articles, thanks
    to web.

  41. I do not even know how I ended up here, but I
    thought this post was good. I don’t know who you are but certainly you are going to a famous blogger if
    you aren’t already 😉 Cheers!

Leave a Reply