9 Costs You Should Cut Immediately

Alcohol

On average, Americans spend $484 a year on alcohol, according to the Bureau of Labor Statistics. Ditching this costly vice could add up to big savings. Even if you spent half as much annually on alcohol — $242 — and invested the savings, you would see a big benefit.

After 10 years: $2,963

After 20 years: $6,727

After 35 years: $14,872

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