[Icantwhisper]

Originally Posted by Jason14h

One other thing : Saving, Budgeting and investing is addictive

So many people don't budget, don't shop good grocery deals, don't get the best cashback (I have 5 no fee CC's to maximize returns and pay them all off monthly) , cut back on impulse Starbucks, Food Delivery, etc.

But small amounts add up.

If you could save 5$ a day on aggregate ($150 a month) and get a fairly average 7% ROI, over 20 years you have $75K.

It won't help someone who is truely day to day on expenses (The only thing someone in this situation can do is increase their income - Harder done then typed I realize)

BUT : Sooooo many people just don't think 5$ here and there matters. It adds up. It adds up A LOT.

Sit down. Do a real budget. Play with a saving calculator.

Once you start 'saving' and investing you will be surprised how quickly it becomes addictive and you view spending $20 a month on Doordash (Because you've had a couch beer/joint and dont feel like getting up and making something) as removing $10,000 from your Net worth 20 years from now.

Its a change in mindset. The first step is audit 3 months of spending.

https://www.youtube.com/watch?v=_kVrAPX1vtc