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A Dr. Pepper and a pack of cigarettes. 

10/7/2015

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Editor: Crass Cash
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You don't need to go to Starbuck's every day to rob your future blind.  This can  be done anywhere.  I was at the convenience store this morning and the guy in front of me got a Dr. Pepper and a pack of cigarettes.  It came out to be $6.55.  If you lived in NYC this would probably cost you over $10 if you could buy it at all.  

Judging by his age and girth I'm going to assume that he didn't start this habit today.  However, to be fair let's assume that he did.  He was probably around 35 and smokers live on average 30 years after they start.  This would put him at the traditional retirement age of 65.  If he quit tomorrow, how much could he save towards retirement? 

He's consuming over $225,000 each morning by getting his daily fix of sugar and smoke.  Note this is inflation adjusted, so that's $225k in real dollars, not inflated future dollars.  If he has an employee sponsored retirement plan that matches dollar for dollar this goes up significantly.  Not to mention the tax savings of contributing to it.  

What daily fixes are costing you boat loads of money?  
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    This website was created due to the atrociously misguided financial advice that I've heard over the decades.  Financial freedom is not intellectually strenuous, but it takes discipline. 

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