Buy Yourself a Latte
When we inflation adjust the returns of not buying yourself a cup of coffee every day for 40 years, you might be able to buy yourself an okay car – assuming anyone is even buying cars in 2060. If you get a mere 3 percent raise annually, that becomes closer to 5 million dollars ($4.63m); five percent annual raises lead to almost seven and a half million dollars in cumulative gross earnings.4
Comparing $90k (inflation adjusted) out of $5 million lifetime earnings shows how insignificant a daily cup of cappuccino actually is. Cutting out coffee is a minor issue; the big things – income, debt, economic mobility, inflation – matter much, much more .