Another habit that I sometimes partake in is ordering soda
at fast food restaurants. This is bad in two ways. First, it’s cheaper to go to
the drive thru and then buy soda at the grocery store. Second, it’s bad for
your physical as well as your financial health.
Let’s say you eat out twice a day. Fast food soda can cost
$1.79 for a medium size cup. That equals $3.58 per day. Multiply that by 365
day and you get $1,306.70. Assuming a 10% per annum return over the course of a
40 year career span which is the oft quoted historical return of the stock
market as a whole, you would have $59,140.27.
That figure balloons to $350,017.30 assuming a 15% compound annual
growth rate. Remember that is if you give up fast food sodas and sodas in
general as well as paying for bottled water for only 1 year.
No comments:
Post a Comment