Money Saving Tips:

Calculating Long-term Spending

Imagine that you spend 4 dollars every day on coffee at

coffehouses. This may not be viewed as much when you calculate

the amount spent per day. You may not think that you are

spending too much on coffee. However, what would happen if

you calculated the amount you spent on coffee for a year, five

years, or ten years?

Spending 4 dollars per day on coffee at coffeehouses would

equal spending 1,460 dollars a year, 7,300 dollars for five years,

and 14,600 dollars for ten years! If you think about spending

14,600 dollars for coffee over ten years, you may reconsider

whether to spend the 4 dollars a day for coffee at coffeehouses.

There probably are many things that you may wish to buy with the

money that you would save by not spending the 4 dollars per day

on coffee.

Thus, one of the possible tips on saving money concerns

calculating the amount that you spend for some things over 1 year,

five years, or ten years. This may be one of the important money

saving ideas. You may have more money for some important

major expenses. It may help you to learn how to save money

every month.

Calculating Long-term Spending

Imagine that you spend 4 dollars every day on coffee at

coffehouses. This may not be viewed as much when you calculate

the amount spent per day. You may not think that you are

spending too much on coffee. However, what would happen if

you calculated the amount you spent on coffee for a year, five

years, or ten years?

Spending 4 dollars per day on coffee at coffeehouses would

equal spending 1,460 dollars a year, 7,300 dollars for five years,

and 14,600 dollars for ten years! If you think about spending

14,600 dollars for coffee over ten years, you may reconsider

whether to spend the 4 dollars a day for coffee at coffeehouses.

There probably are many things that you may wish to buy with the

money that you would save by not spending the 4 dollars per day

on coffee.

Thus, one of the possible tips on saving money concerns

calculating the amount that you spend for some things over 1 year,

five years, or ten years. This may be one of the important money

saving ideas. You may have more money for some important

major expenses. It may help you to learn how to save money

every month.