13 Aug Can home decor make you a millionare?
Some calculations on your home decor spending, and if you saved and invested that money instead
The Swiss spend the most on home decor items, spending $1,158.71 per capita each year. Let’s take this as the main figure for our first calculation.
Now suppose instead of splurging this much money on home decor items, you save it. And also assume that you’re 30 years old now.
So how much money you’d have by the time you’re 60?
Now, this just pure old-school savings – no investment stuff here.
But if you were to invest your $1,158.71 each year and get a 10% return on investment:
In other words, you’d be a freaking milionare!
- Don’t spend money on dumb stuff.