Turning habits into goals
It is a fun way to put a habit in perspective: a $6 drink five times a week is about $130 a month, so a $42,000 car is around 7,000 coffees, or 27 years of skipped drinks in cash. Invested at 7% the money gets there in about 16 and a half years, because the growth on the savings does a big share of the work.
The real lesson is that small habits alone rarely buy big things quickly, but they make a real difference when they are one of several changes pointed at the same goal.
Common questions
How many lattes is a Tesla?
At $6 each and about $42,000 for the car, around 7,000 lattes.
Is it worth giving up coffee to save?
Only if you do not value it much. Cutting things you care little about is easier to sustain.
This calculator gives estimates for planning. Real returns, rates and prices change, so treat the result as a guide rather than a promise. Read how we build and check our calculators.