Saving just $4 per day can make you a millionaire by age 65
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If you have ever dreamed about becoming a millionaire, that dream is only about $4 away, especially if you are in your 20s.
Granted, that’s saving $4 every day until you turn 65, but it’s sure to guarantee that you can retire in style.
In his book “Smart Couples Finish Rich,” financial adviser David Bach lays out a path to becoming a millionaire for everyone. If you’re 25, that means saving $109 a month or $193 a month if you’re 30, Kathleen Elkins and Mike Nudelman reported for Business Insider.
"Becoming rich is nothing more than a matter of committing and sticking to a systematic savings and investment plan," Bach wrote.
For most people, saving this much could mean not visiting the office vending machine or buying a drink when you go out.
To find out how much you need to save to become a millionaire by 65, check out this chart from Business Insider.
Email: sslade@deseretdigital.com, Twitter: shelbygslade.