10 Small Changes At 20 That Can Make You A Millionaire By 60

Stop buying lotto tickets. A few tweaks to your everyday life can save you millions over time. Check out how much you can save over the next 40 years below, and invest smarter with E*TRADE.

1. Coffee

Add three minutes to your morning schedule and make a pot yourself.

Starbucks latte: $4/day x 40 years = $58,440
Store Bought Coffee: $6/pound, 1lb=40 cups. 1 cup = $0.15 × 40 years = $2,191

Savings: $56,249 × 10% annual rate of return = $687,415.62

2. Lunch

Brown bag it for a healthier and much cheaper lunch.

Lunch out: $10/day x 40 years = $146,100
MYO Lunch: $4/day x 40 years = $58,440

Savings: $87,660 × 10% annual rate of return = $1,071,298.83

3. Gas

The average household spends $368 a month on gas. I think it’s time to break out the bikes. Carpooling, public transportation, and hybrid vehicles are also great ways to save on gas.

Gas: $368/month x 40 years = $176,640
Bike: FREE

Savings: $176,640 × 10% annual rate of return = $2,346,654.96

4. Laundry

Save your quarters and head to the laundromat.

Professionally: $80/month x 40 years = $38,400
DIY: $10/month x 40 years = $4,800

Savings: $33,600 × 10% annual rate of return = $446,373.96

5. Television

The library is free and it makes you smarter than The Real Housewives of Wherever They Are Right Now. If you must watch TV, stick with basic cable, it’s also free and who really needs 4,364,908 channels?

$50/month x 40 years = $24,000
Books: FREE

Savings: $24,000 × 10% annual rate of return = $318,840.26

6. Water

Isn’t this supposed to be good for the planet, too, or something?!?

Bottled: $2/day x 40 years = $29,220
BYOBottle = $5

Savings: $29,215 × 10% annual rate of return = $357,098.21

7. Movies

If you buy popcorn and a soda when you go to the movies, this could actually save you billions.

Theater Ticket: $14/week x 40 years = $29,218
Netflix: $8/month x 40 years = $3,840

Savings: $25,378 × 10% annual rate of return = $306,083.62

8. Exercise

Stop paying for dumb gyms! Cardio and weight training exercises are all over the internet.

Gym: $55/month x 40 years = $26,400
No Gym: FREE

Savings: 26,400 × 10% annual rate of return = $350,724.87

9. Shampoo

We know it sounds crazy, but give it a try. A shampoo-free routine is all the craze these days, even Jessica Simpson’s tried it out! If you’re still unsure, try cutting down to one ‘poo per week.

Shampoo: $12/month x 40 years = $5,760
No Shampoo: FREE

Savings: $5,760 × 10% annual rate of return = $76,519.11

10. Pocket Change

$10 a week may not sound like much, but over time it can add up to some serious cash.

No Savings: $0.00
Savings: $10/week x 40 years = $20,870

Savings: $20,870 × 10% annual rate of return = $255,070.31

11. Total Savings = $6,216,079.75!


Do you have any other secret saving tips? Let us know in the comments below!

Check out more articles on BuzzFeed.com!

Facebook Conversations