Life style choices matter more than investment returns. 

Here are some numbers to prove it.

I currently have about $10,000 sitting in a savings account at Ally Bank earning 1.45% annual interest. This means I’m on pace to earn $145 over the course of one year.

Let the Lifestyle Gains Reign

When I switched from an unnecessarily high-cost phone plan to a cheaper one, I saved $30 per month. That’s equivalent to saving $360 over the course of one year.

Last month I got back into the side hustle of stats tutoring and made $120. That’s equivalent to earning $1,440 over the course of one year.

In this analysis, I found out the difference between dining out for every meal compared to my actual eating habits is about $180 per month. That’s equivalent to saving $2,160 over the course of one year.

Related: The Reality of a Million Dollar Retirement

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