Will Avoiding Lattes Make Me Rich?

Can giving up your daily coffee habit really help to build a savings pot? We need to start think about our future self

Annalisa Esposito 22 October, 2020 | 9:01AM

latte

Many of us tend to spend a few quid every day on something we really enjoy. It might be a cup of latte from the nearest coffee place, a fancy sandwich from that delicatessen, or a yummy chocolate bar.

But next time you place your order, you might be asking whether your future self will thank you for that purchase. Saving just a few pounds everyday on unnecessary spending could make a serious difference to your financial future. It could be the difference between retiring comfortably or not at all.

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About Author

Annalisa Esposito  is a data journalist for Morningstar.co.uk

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