Dont Let Your Fortune Go Up in Smoke

1
Dont Let Your FortuneGo Up in Smoke

Activity 2.3
2
Making good health decisions

• Video 2 shows the importance of making good
  decisions about your health
• You can harm your physical health by smoking,
  using illegal drugs, eating too much and
  exercising too little
• The same decisions harm your financial health

3
On deciding about smoking

• How might not smoking contribute to your physical
  health?
• How might not smoking contribute to your
  financial health?
• Have a close look at Student Activity 2.3

4
Questions for discussion A

• What are some of the ill effects of smoking?

5
An important chart

• Study Figure 1 (next 5 slides), reproduced from
  Student Activity 2.3. Questions for Discussion B
  through E refer to numbers from this chart.

6
Figure 1 Jays Savings from Not Smoking
7
Figure 1 Jays Savings from Not Smoking
8
Figure 1 Jays Savings from Not Smoking
9
Figure 1 Jays Savings from Not Smoking
10
Figure 1 Jays Savings from Not Smoking
11
Questions for discussion B

• Imagine that when Jay was 18 years old he decided
  to delay smoking for one year. How much money did
  he save in the first year by not smoking?

12
Questions for discussion C

• How much did Jay earn in interest at the end of
  one year by not smoking? (Calculate)

13
Questions for discussion D

• How much had Jay put into savings by age
  65?(Calculate)

14
Questions for discussion E

• How much did Jay have in total savings when he
  reached age 65?

15
Questions for discussion F

• Why was the total amount of Jays savings so much
  higher than the amount he contributed?

16
Questions for discussion G

• What conclusions can you draw from the
  information in Figure 1?

17
Conclusion Smoking is badfor your health

• It uses up money regularly money that, if
  saved, can result in substantial amounts over
  time.
• There is a financial reward in living healthy by
  not smoking.