Taking Ubers Everywhere
We all know that taking an Uber, Lyft or a cab might be more comfortable than taking public transport. But that extra comfort also comes with a higher price tag, which is exactly what you should avoid.
You could save up to $1,000 a month, depending on how often you rely on Uber to get to and fro’. If you invest that $1,000 it could easily turn into %1,629 over a period of ten years- and that’s with just a 5% average annual return!
Another thing to consider is the fact that right now you can still easily take the bus or a train, but when you’re older and your mobility isn’t what it used to be, you’ll probably need services like Uber to get around. So think about it this way: don’t take a cab today so that you can take one during retirement!