Can You Really Get Rich by Skipping Your Morning Coffee?

Note: this is a subset (one of the ten lessons) of the book, “Save a Million Dollars and Retire Early”; this subset is offered to readers as an option to break the overall book into smaller sections; the reader is encouraged to use the overall book for a more comprehensive approach

Can You Really Get Rich by Skipping Your Morning Coffee?

Purpose

The purpose of this lesson is to inspire you to find – and build upon – relatively small savings through your daily routine.

Introduction

You’ve probably heard it before – skip your morning coffee to save money and get rich. Is it true? Well, it depends on what your definition of rich is (as well as how much you spend on your coffee and how long a timeline you’re considering). From one perspective, it is certainly possible to build wealth by skipping purchases, even small ones, and consistently putting that money to work through investing.