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Become a Millionaire by quitting Coffee! [Compound interest]

Nil Lenon
DataDrivenInvestor
Published in
7 min readApr 13, 2021

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Lets take it from the beginning.

Before you attack me for the huge stupidity and incoherence I just wrote, let me analyze my reasoning for you.

First
As a disclaimer, I would like to declare as one of the biggest consumers of this amazing drug that is called coffee. The average coffee consumption I make daily reaches 3 double espresso. So, do not stress, I would never suggest you to quit my favorite drink.

Maybe you could do something good for your health and start drinking it plain, of course…Suppose, in the end, it is even tastier!

Second
What you will read below is just an example to understand the power of Compound Interest and the effect it can have on your money. All you need is discipline, time and regular feeding.

So let’s see how you can become a millionaire by quitting coffee!

I’m not talking about the coffee you make at home while waking up on Saturday morning, nor about that miserable French coffee at the office which you really enjoy it and you know that it consist of high quality coffee.

I am referring to that delicious coffee that you find in the thousands of “coffee in hand” stores, the so-called “take away coffee”.

How to Become a Millionaire by simply cutting out Coffee!

Every time I see someone on the street walking around with an “overpriced” plastic cup of coffee from one of the hundreds of “Coffee to Go” that are constantly thrown in every corner of every city, I see a powerful millionaire.

Yes, you are throwing away the chance to become a millionaire because you choose to buy this double frapuccino caramel that costs at least 3$.

Throw it away now!

What happens? You have confused me!

I identify two problems, with the second being the most basic. If you add all the frappuccino caramel you have consumed all these years…

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Written by Nil Lenon

A software specialist during the day and a side hustler during night. Writing about code, IT products, personal development and career tips.

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