3 ms·

$100/month is no joke. That's enough to buy a new iPhone X or a Macbook Air every year. Edit: Obligatory MMM https://www.mrmoneymustache.com/2011/08/01/a-mill

• Avshalom 7y ago
  Yeah but I don't need to buy either of those once every two years. Meanwhile it's enough to afford the down payment on a small car in... 4-5 years or the down payment on a small house by the time you retire.
• seem_2211 7y ago
  I've always found this line of reasoning funny - "if you don't drink a latte everyday you can save $1800 a year!" but I've always seen it as "for only $1800 a year you can have a latte a day!"
• jumbopapa 7y ago
  I agree 100%. I've been a following FI for a couple years now (just graduated last year) and it's helped me feel a lot more secure about my future. I worry about less than my peers too.
• maximente 7y ago
  there's also the opportunity cost of never being able to have that $100 invested and growing compoundly until you sell/die, which is an absolutely colossal loss as einstein or someone else said, compound interest is "the most powerful force in the universe."