Vice Savings Calculator

See how cutting back on common vices can greatly add up over time.

  • Methods explained
  • Save scenarios
  • Compare saved scenarios

Your Vice

$
%
20 years

What You're Really Spending

$49
Per Week
$212.92
Per Month
$2,555
Per Year
$51,100
Over 20 Years

If You Quit and Invested Instead

$111,560.97
Value After 20 Years
$37,067.61
Value After 10 Years
Cash Saved (no investing)$51,100
Additional Growth from Investing$60,461

That $7.00/day habit costs you $2,555 annually. Invested over 20 years at 7%, you could have $111,560.97 instead!

How it works›

Model and assumptions. Converts the entered recurring spending reduction into saved cash and its compounded future value. It assumes the savings are actually invested at the entered rate; behavior changes, inflation and investment risk are not predicted.OpenStax: annuity formulas