There are millions of people around the world who suffer from alcohol addiction, with many Brits spending their weekends downing drink after drink and dealing with the hangover accordingly.
But how much is it costing you?
Of course, it’s costing you your health, both physically and mentally, with addiction a cruel beast, but seriously, how much money is it costing you?
It’s an interesting thought, and the answer is probably enough to put anyone off alcohol. While we may think the cost of rehab may far exceed what we actually are spending on alcohol, you’d be dead wrong, not least because there are centers out there with an affordable drug rehab cost, and let’s face it, alcohol is a drug, but also because what you could be spending may comfortably be in the thousands.
Let’s break it down.
The Price of Alcohol
At first glance, the most evident cost of alcohol addiction is the money spent on purchasing alcohol. The price of alcoholic beverages varies, but even moderate consumption can lead to significant monthly expenditures. For instance, a pint of beer in a pub might cost around £4 to £6+ these days, while a bottle of wine can range from £6 to £15. Over time, these seemingly small amounts can add up substantially, draining your budget and potentially causing financial strain.
Takeaways and Taxis
Alcohol consumption often goes hand in hand with late-night cravings and the convenience of ordering takeaways. The cost of frequent takeout meals can be surprisingly high, especially when accounting for the delivery fees and service charges. Moreover, impaired judgment caused by alcohol can lead to decisions like ordering extra food or opting for premium options, further increasing the bill.
Additionally, relying on taxis or rideshare services due to being intoxicated can become a routine expense. Late-night trips home can rack up costs that are far higher than using public transportation, impacting your overall financial stability.
Missed Work Days Due to Hangovers
One of the most significant hidden costs of alcohol addiction is the impact on your professional life. Hangovers can render you unable to perform optimally at work, leading to missed days or reduced productivity. These missed opportunities can result in decreased earnings, missed promotions, and even potential job loss. The collective effect can be devastating, not just financially but also emotionally and mentally. Studies have shown it happens to many of us, too, with it believed Brits lose seven days to hangovers each year.
Healthcare Expenses
Long-term alcohol addiction often leads to a range of health problems that come with their own financial implications. From liver diseases to heart issues, the potential costs of medical consultations, if you go private, prescriptions, and treatments can quickly escalate. Additionally, health insurance premiums may rise due to the increased risk associated with alcohol-related health conditions.
Legal Consequences
Alcohol addiction can also lead to legal problems, such as DUI (driving under the influence) charges. Legal fees, fines, and increased insurance rates can result in substantial financial setbacks.
Moreover, if your addiction leads to accidents or injuries, you may be liable for compensation, further straining your finances.
Relationship Strain
Alcohol addiction can strain relationships, potentially leading to separations, divorces, or the need for family counseling. These events come with their own financial costs, including legal fees and the division of assets. Furthermore, maintaining personal relationships may require extra effort and spending to mend the damage caused by addiction.
While this may seem extreme, it is true and has happened to thousands, if not millions, of people around the world. The true financial burden of alcohol is staggering, so if you are overdoing it, if you do feel like you are suffering from addiction, get the help you need today.
