Daily latte
No list about costs that can be cut would be complete without including the daily latte. However, you don’t have to give up coffee altogether to cut your Starbucks bill. Just skip the pricey latte and make coffee at home. The average cost of a Starbucks latte is $2.75 versus 20 cents per a cup of coffee brewed at home. That means you could save $930.75 making your own cups of Joe, and then invest your savings instead.
After 10 years: $11,391
After 20 years: $25,866
After 35 years: $57,194