Hello, my name is Adam and I am addicted to soda. Believe it or not, that was hard for me to type. Although, as I write this, I have gone 3 days without a drop of soda (or caffeine for that matter) and the headaches have begun. Wish me luck on this tough task!
Where It All Began
I have been drinking soda for as long as I can remember. Both of my grandfathers drank it and I think that is where my addiction began. When I was younger, my one grandfather used to take me to the local distributor once a week to return his empty Pepsi bottles (they refilled them back then). While there, he allowed me to get a whole bottle of Pepsi and some Munchos (does anyone still eat those?) for the ride home. I used to drink Pepsi at both of my grandparents on a daily basis.
This trend continued throughout my life until Monday May 18, 2009. Since that date, I have pledged to stop drinking soda for my health and my wallet.
How Much Did This Addiction Cost Me?
I have never really thought about how much this addiction has cost me over the years, so I figured now was a good time to find out.
Past 5 Years
I would say that I have been paying for my own soda for that past 5 years. Now, let’s assume that the average price over those 5 years was $1.10 per 20 ounce bottle (that is usually what I drink) and I had 1 bottle per day for the entire year. That means I spent $2099 on soda over that time period! Sounds a bit ridiculous right?
Over a Lifetime
How much would I spend if I keep drinking soda over my lifetime? This requires a little time value of money but I will skip all of that and just give you the number. For this example I assumed that the average price of a 20 ounce soda is $1.25 now and it will increase by 3% (inflation) each year. I also assumed that I would continue to drink soda until age 75 (50 more years). Want to know what the final number is? I would spend just over $51,000 on soda alone!
Technically, I didn’t quit drinking soda because of money. I did it because I am starting to focus more on my health. As many of you know, soda is loaded with sugar and all of the caffeine cannot be good for you. All I know is that this is going to be VERY HARD as I have not gone more than 3 days without soda in over 15 years.
Anyone else have a costly “addiction”?