Habits are things that we don’t think much about. Going to get a daily cup of coffee is considered a habit by some experts. Habits become a part of us, and we go about our lives, in part, on autopilot. For many, part of the morning habit is to buy a cup of coffee.
How much does that cup of joe cost you over time? For somebody working a 30-year career, getting just one cup a day for each day of the week, will cost you about $54,750 over 30 years.
If you were to invest just the first 10 years into an investment that returns 6%, you would have saved $18,250 and have earned $7,248 for a total of $25,498. If you decided to save and invest the whole 30 years, $54,750 at 6%, gives you a total of $153,273 in your account.
So, is the cup of coffee really worth it to enjoy today and every day, or would you rather save the money or at least some of it to have years of enjoyment in the future? The decision to save more spend less leads to a road that is financially Independent. At the end of the day is not about how much money you make, but how much you get to keep.financialfreedom financialadvisor financial financegoals financialplanning entrepreneurialmindset investmenttips financialgoals personalfinance entrepreneurialgoals financialservices financialfreedom wealthcoach financiallyfree financialliteracy wealthbuilders financialmarkets invest investing101 financialeducation makemoney financialplanning101 financialindependence entrepreneur financialpeace financialtimes moneycoach successclub financialadvisor financialplanning