Daily Spending Calculator

Can you really become a millionaire by skipping coffee to go? Well, probably not (unless you drink a ton of coffee), but "insignificant" daily purchases can really add up.

Think about all the little conveniences you may buy while going about your day. Maybe a coffee and bagel for breakfast each morning? $10. Or a soda and snack from a convenience store? $7. Or maybe you buy lunch each day rather than bringing it from home? $15.

Everyday spending habits may not seem like much, but they can add up in a big way when viewed through the lens of meeting your long-term financial goals.

What do you buy each day?

Examples may include:

Coffee
Soda
Energy drinks
Snacks
Anything else?

Estimate your total daily discretionary spending and adjust the slider.

Total Spending

Even small expenses can add up in ways you may not expect.

1 Month

1 Year

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10 Years

Investing Versus Spending

But what if you invested that $0/day? At a hypothetical 8%* annual return...

10 Years

20 Years

30 Years

40 Years

* The average return of the S&P 500 stock index has been ~10% per year since it's inception in 1957, not including inflation or mutual fund fees. This calculator uses a more conservative figure of 8% to estimate potential long-term investment growth.