I also advise cutting on superfluous expending, but I do it because of the difficulty of earning money.

Say that you save $5 per day for 200 days a year (probably you do not buy at Starbucks every day). That is $5*200=$1,000. To make that same amount in a bank at 5% APR, you would need to invest $20,000!

If the Starbucks coffee is not adding real value to your life, making your coffee at home equals having $20,000 investment capital.

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