You do the math. The price of your daily cappuccino, times 4 (assuming you miss the odd day), times 40 (weeks), times 5 (years – conservatively). Or use 20 years instead of 5, to get an idea of how these small daily habits can add up over a lifetime.
That total should equate to a new small car. Paid cash.
And that’s before we look at compounding. Over 20 years, let’s be conservative and double that amount. Wow. Two cars. Or maybe even that Porsche you had your eye on.
Would it kill you to wait till you reached the office before you grabbed a cup? Or, if that’s likely to result in a trail of dead bodies between your home and the office, make a cup at home and take it with you.
Try the same calculation with that McDonalds burger you grab every day for lunch. Compare it to the cost of a sandwich made at home, or (heaven forbid) a fresh salad.
Run the same calculation with any of your other regular habits. Smoking. Drinking. Chocolate bars. Newspapers. Magazines.
Does it hurt yet?
Welcome to financial responsibility 101.
Groucho Marx nailed it when he said that money will not make you happy, and happy will not make you money.
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Work while they sleep. Learn while they party. Save while they spend. Then live like they dream.
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