The present invention is directed to an apparatus for cutting away a portion of a cigarette and storing the remaining portion of the cigarette. In one embodiment, the apparatus has a housing having a first interior compartment for storing a cigarette and a second interior compartment that is separate and sealed off from the first interior compartment. The housing has a first end that defines openings to the first and second interior compartments and a second end that defines an opening only to the second interior compartment. The housing has an exterior wall that is a part of the second interior compartment. The exterior wall has first and second openings that are located between the first and second ends of the housing. The second opening in the exterior wall is adjacent to the second end of the housing and is sized to receive a portion of a cigarette. The apparatus includes a cutting device movably positioned within the second interior compartment. The cutting device can move in a first direction toward the first end of the housing or in an opposite second direction toward the second end of the housing. The cutting device has a portion accessible through the first opening in the external wall of the housing so as to enable a user to move the cutting device either in the first direction or second direction. The cutting device includes a cutting blade. When a user inserts a portion of a cigarette into the second opening in the exterior wall of the housing and moves the cutting device in the second direction, the cutting blade cuts off a portion of the cigarette.
