LogFAQs > #956220721

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Topic	Is it worth investing if you don't have tons of money to do so?
KILBOTz 07/18/21 7:06:24 PM #6:	Absolutely. Average american eats out 4.2 times per week according to the first google source i pulled. Say average is $15 since. If you eat out half as often and invest it instead, say your meal cost will be $3 instead so $12 savings. At 2.1x per week that's $25.20 savings. That's $1,310.40 per year. Do that for 40 years at 8% interest, you've got yourself and extra $340k in savings. --- https://imgur.com/O3syCWD https://imgur.com/k3YiBdG <cite>KILBOTz posted [p:956220721] in Is it wort... [t:79571104]...</cite> <quote>Absolutely. Average american eats out 4.2 times per week according to the first google source i pulled. Say average is $15 since. If you eat out half as often and invest it instead, say your meal cost will be $3 instead so $12 savings. At 2.1x per week that's $25.20 savings. That's $1,310.40 per year. Do that for 40 years at 8% interest, you've got yourself and extra $340k in savings. --- https://imgur.com/O3syCWD https://imgur.com/k3YiBdG</quote> ... Copied to Clipboard!
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