Smokers Less Likely To Pay Mortgages?

Written on March 13, 2008 – 9:37 pm

Smokers Less Likely To Pay Mortgages?What is it about smokers and the likelihood of them not paying their mortgages? Or credit cards for that matter?

An article I read on Money Magic points out that smokers who smoke at least 20 cigarettes a day could well be spending over £2,000 a year. That’s as much as $4,061 US dollars.

The resource cited in the article suggested that that money could be better spent on, say, mortgages, and overall debt. When you consider the savings received by not paying for cigarettes, not to mention the benefits in health, it makes one wonder why smokers continue to put their finances and health into debt like that.

Hey, we all have our vices, so we each deal with them in our own way.

Money Magic has lots of other things to say about mortgages like tracker mortgages, flexible mortgages, bad credit mortgages, and many more. Their articles are short and to the point, too.

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