Ah, the humble $10. So easily and often neglected and mis-used.
In Singapore, that'd be about:
You get what I mean: the humble $10 is terribly under-rated and unappreciated. Think about it, how many $10 decisions do you make a day, that you could possibly save on?
Say you could save $30 per day, multiply that by 365 days per year = $10950 savings in a year.
If you invest that amount in dividend stocks with an average of 5% return, that'd be $547.50 passive income
And that's based on 3 occurrences per day on determining if you use $10. Or not.
What happens if it's 10x per day? Or more? And that's just cash decisions.
What happens if you:
The permutations and possibilities add up a lot. With just the above 4, that's a minimum saving of $225 per month, or $2700 per year (assuming you cannot save on anything else and just the above 4).
Take this amount, invest it in dividend stocks and roughly 5% return:
Imagine how much faster and earlier you'd retire.
In fact, I'd recommend you take USD 299 out of your savings per year, and invest into building and improving a skill of making money online. I recommend Solo Build It to build your online businesses, which I've used since 2010, and I recommend them because I've so much outcomes with them (read my review here). On NigelChua.com, I use WordPress but that's because NigelChua.com has been around since 2009 =D
PS: if you're a die-hard WordPress fan, then go with WordPress (I use Bluehost to manage all the domain name and hosting stuff). But if you're not technically inclined or want your online business to be easier with less tech hassle, I highly recommend Solo Build It.
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