Wondering how much those little expenses are really costing you over the years?
Posted February 7, 2011
Do you spend $4 a day on lattes, $20 a week on manicures or $50 a week on golf? Find out what those extras are costing you over the long run....including the interest you could have earned if you had instead invested the money. It's shocking!
This article on Yahoo Finance makes it clear that those seemingly small daily or weekly expenses really do add up. Granted, few people are earning 8% these days, but the shock factor of these numbers is justified. Even if you only earn 4%, you can save a ton of money investing that $25 you use to eat out every week.
What little extras have you cut out this year?