Can you really become a millionaire by skipping coffee to go? Well, probably not (unless you drink a ton of coffee), but "insignificant" daily purchases can really add up.
Think about all the little conveniences you may buy while going about your day. Maybe a coffee and bagel for breakfast each morning? $10. Or a soda and snack from a convenience store? $7. Or maybe you buy lunch each day rather than bringing it from home? $15.
Estimate your everyday discretionary spending and adjust the slider.
What do you buy each day?
Convenience spending often includes:
Even small expenses can add up in ways you may not expect.
But what if you invested that $0/day? At a hypothetical 8%* annual return...
* The average return of the S&P 500 stock index has been ~10% per year since its inception in 1957, not including inflation or fees. This tool uses a more conservative figure of 8% to estimate potential long-term investment growth.
