The 25 year cost of an ‘innocent’ addiction, part 2By Randell Tiongson on January 21st, 2010
Let me try to quantify the 25 year cost of my subtle addiction on diet sodas. Let us assume that the cost of a can of soda today is P25.00 and on an average and I consume 2 cans a day (I go more than that). Let us also assume that the price of soda goes up by an average of 6% and the cost of money will be also at 6%. For 25 years, my addiction to diet soda will look like this:
|Year||Unit Price||Annual Cost||Accumulated Cost|
What seems to be just a liking to soda will have a huge monetary impact to me. Not to mention the medical ailments associated to my ‘innocent’ addiction. No one will think that drinking 2 cans of soda a day will amount to almost 2 Million bucks in 25 years. Here’s the kicker, I’ve been drinking sodas far longer than 25 years and far more than 2 cans a day!
The same principle can be applied to other ‘innocent’ addictions too like coffee, iced tea, snacks, shopping, etc. While there is nothing really wrong about these addictions per se, the question that one should ask is if it is really a wise thing to do? When we experience some financial constrictions in our lives or when we are faced with financial emergencies, we can think back about our ‘innocent’ addictions and reassess if they were indeed ‘innocent’.
Indulging isn’t really wrong as we all need to enjoy life. The question we need to ponder on is the cost of our enjoyment – if it’s not going to hurt your family, health, wallet and your relationship with God, go for it. If it will, think about it and apply wisdom.
Here are 2 verses from the Bible I want to leave you with, read it and think about it hard:
Do you not know that your body is a temple of the Holy Spirit, who is in you, whom you have received from God? You are not your own; – 1 Corinthians 6:19
“Everything is permissible”—but not everything is beneficial. “Everything is permissible”—but not everything is constructive. – 1 Corinthians 10:23