Drinking Less Can Pay You more, Invest Well

Do we ever think about how much a drink of scotch costs us?

Sadly, we do not!

We happily spend a chunk of our earnings on expensive liquor and refrain from investing a portion of it towards ensuring a stable future. We usually have a mindset that we are still young to invest and for now it is the time to enjoy.

Read more
Guaranteed tax savings
Under sec 80C & 10(10D)
₹1 Crore
Invest ₹10k per month*
Zero LTCG Tax
Unlike 10% in mutual funds
All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
View Plans
Please wait. We Are Processing..
Plans available only for people of Indian origin By clicking on "View Plans" you, agree to our Privacy Policy and Terms Of Use #For a 55 year on investment of 20Lacs #Discount offered by insurance company Tax benefit is subject to changes in tax laws
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply.
Get Updates on WhatsApp
All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

While as a matter of fact, it is imperative to invest regardless of one's age and earnings. 

Let's take you through some interesting calculations to help you understand the idea better:

a.   12 bottles of Rum = Health Policy for your family

Investing the money you'd spend in buying 12 bottles of rum, which is Rs. 600 per bottle, towards the annual premium of a family floater health plan can cover you, your spouse and your child against all the medical contingencies and provide a sum insured of nearly Rs. 2 lac.


How hard is it to sacrifice a bottle of rum every month for your family's medical security?

b.   1 bottle of Scotch  = A Term Plan worth Rs. 1 Crore

Paying the cost of a bottle of scotch (approximately Rs. 7,000) towards a term plan per annum can keep you covered for a term of 35 years and guarantee a sum assured of Rs. 1 crore. 


Isn't a bottle of scotch too less a cost for your family's financial security in your absence?

c.   36 bottles of Wine = A good retirement plan 

How about giving up on 3 bottles of  wine a month and getting a pension of about Rs. 45,000 per month post retirement?

A bottle of wine costs about Rs. 1,300, while investing Rs. 3,900 per month towards a pension plan can ensure peace and financial stability during the golden years of your life.

d.   24 bottles of Beer = A health top up plan

Drinking 2 bottles of beer less in a month can enable you to buy a top-up plan for your health insurance policy and offer an enhanced cover and added benefits for you and your family. By giving up on just 24 beer bottles in a year you can save approximately Rs. 4,500. You can invest this money in a health top-up plan which can ensure good coverage for your family.




Written By: PolicyBazaar - Updated: 02 July 2021
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Sign up for newsletter
Sign up our newsletter and get email about Investment Plans.
You May Also Want to Know About
Best LIC Policies For Investment in 2021
Best LIC Policies for Investment in 2021 When it comes to purchasing a life insurance plan, 'LIC policies' are the most popular choice for customers. LIC is one of the most trusted and leading insurance provider companies in India. The company ha...
What is Investment and What is Its Purpose?
What is Investment and What is Its Purpose? Different people possess different notions and understanding of “investment”. To start with, first of all, let’s try to get a clear understanding of what is investment and how it can be useful for...
Post Office Monthly Income Scheme (POMIS)
Post Office Monthly Income Scheme (POMIS) Are you looking for an investment avenue which is safe and secure, earns substantial returns with a short locking period, which says no to equities and is absolutely risk free? Well then, think about inves...
SBI Life Insurance Plans in India
SBI Life Insurance Plans SBI Life Insurance, a joint venture between State Bank of India (SBI) and BNP Paribas Assurance, provides comprehensive life insurance cover at competitive prices. SBI Life Insurance provides Unit Linked Plans, Child Educ...
Short Term Investments Options
Short Term Investments Options Short-term investments can be described as temporary investments or marketable securities, which can be easily converted into cash, generally within 5 years. Short-term investments are highly liquid assets that are s...
Download the Policybazaar app
to manage all your insurance needs.