Blues Man
Diamond Member
- Aug 28, 2016
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$5 a day. 150 a monthBlues Man I have a sister-in-law who just HAS TO HAVE her 5 dollar starbucks every single day. She has done this for at least 15 years. She has no savings and she is well into her 50s. Let's say she missed a few days each year. So she spent 5x300x15= $22,500 on Starbucks coffee. And that is just her morning cup of coffee.
150 a month saved for 20 years earning a conservative ROR of 8% is $85373
Lost opportunity costs a lot more than the coffee