Thursday, July 29, 2010

Financial Consequences of Drug-Addiction

As per National Institute on Drug Abuse, in United states more than half of the cost of substance abuse is given by the general public. Cost of substance abuse is tend to be passed by substance abusers themselves on to family members, law enforcement efforts, government agencies, social welfare administrators, health care institutions and the victims of their crimes.

Addiction is expensive, the true cost of addiction is not realized because, addiction is a slow tricky drain in friendship, finances, careers and finally life itself.


Money spent: The cost of purchasing alcohol, drugs or even cigarettes may increase cost, and addict cannot save money because he or she has to buy more and more drugs, and the cost of drugs cannot be estimated, as it is impossible to get reliable statistics regarding illicit drugs.


Loss of productivity: This addiction may not stop at high cost, but may reduce chances of promotion, increased absenteeism in work, increase in the risk of unemployment.


Illness: Higher medical bill is caused by drug and alcohol addiction. There is risk of illness because of drug addiction and not only that it may cause long term loss of capacity of earning because of illness, disability and increase in the medical expenditure.


General money problems: The common problems are higher interest rates, bad credit score, late bills. Money will be reduced and debt is increased because buying drugs. It will hurt the users and as well as their family.


Loss of earned income: Addicts may lose jobs and they can not earn money and as well as can not save money. They may lose retirement and social security benefits.