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The Latte Effect

Latte THE EFFECT Are you slowly sipping away your savings? Small purchases add up over the years. See how much you could save by cutting down on everyday expenses like your daily latte. $3 per day $1,138 in 1 year You could buy a Queen size pillow top plush mattress Latte You won't need as much caffeine after a good night's rest $1 $774 per day 2 in years You could buy a Tablet to browse countless free news apps Newspaper $20 $1,352 per month in years You could buy a Smart phone with a data plan to stream unlimited music Music $5 $3,246 10 per week in years You could buy a New refrigerator with a filtered water & ice dispenser Bottled Water $5 $8,052 in 20 per week years You could install a Candy Gym in your house $3 $9,099 per week 30 in years You could put $9,099 into a bank CD ATM Fees Avoid fees by using your bank's ATM $1 $18,980 in 50 years per day You could have $18,980 in a savings account Lotto The calculations above assume a 4% inflation rate |Nationwide Sources: Bank http://inflationdata.com/Inflation/Inflation_Rate/Historicallnflation.aspx BKM-2864AO 文 CE

The Latte Effect

shared by NationwideBlog on Oct 02
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We’re all guilty of making avoidable purchases on a regular basis, but how much does it add up to over the years? Get familiar with the latte effect – the idea that unconscious spending on small t...

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