Winter can be a tough time to try to save money. A finder.com survey estimates that 93% of Americans have spent extra money this winter on being sick, totaling $23.2 billion overall. Getting sick is always a bummer, but when it forces you to take time off work and spend extra money on supplies, it can hurt twice as bad.
Illness by the numbers
Of the 93% who admitted to spending extra money this winter on being sick, an average of $100.59 was spent – which includes $50.63 on cold/flu supplies, with the remainder ($49.96) spent on food delivery. Men spent more than women, dropping an average $134.53 each compared to $90.68 for women. Potential evidence that the Man flu is a real thing?
Cold and Flu Supplies
Generationally, Baby Boomers spent the least on cold and flu supplies dropping $46.29 on average at the drugstore. Millennials were next spending $48.15, with Gen X’ers coughing up a whopping $55.09. More than half of Americans (53%) admitted to spending more than usual on food delivery over the winter as well. Almost double the number of men (17%) spent over $50 on food delivery while ill, compared to women (10%).
Financial status also had an effect on winter spending, with those making more money spending extra on supplies:
Proportion of those spending $50 or more due to illness in winter
$25,000 and under
Calling in sick?
Over one in four Americans (28%) had to take time off work due to sickness this winter. Women were more likely to take time off work at 30% compared to 26% of men. Only 11% of Baby Boomers had to call in sick, while Gen X’ers and Millenials came in at 29% and 28% respectively. Quite a jump between generations!
Tips to prevent sickness and keep costs down next winter:
Make sure that you keep up a healthy diet all year round
Maintain good hygiene. It doesn’t take long for germs to spread – a bottle of hand sanitizer, regular hand washing, and keeping your hands away from your face can all help to combat the common cold and keep the cost down.
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