Dear readers, do you want to feel $10,000 richer a year? By a simple method: you need to save just $1 every day. Before I explain more about the aforementioned, I really believe that saving $1 every day should be a cinch for many of us. For example, we just need to give up that snack during lunch or tea-break to be able to save $1 every day.
And though saving $1 every day may not feel much, you may just feel richer for it. Because saving $1 every day means you save $365 a year.
And think of this $365 as almost equivalent to an annual dividend of 4% on a capital of $10,000 you invest in an equity paying 4% dividend yield . Yes, 4% dividend yield on $10,000 capital equals $400 dividends per year.
That’s’ how you will feel $10,000 richer a year by a simple act of saving just $1 every day.
Some may be critical of my above sharing. But I will just wish to highlight being rich starts with a mindset shift.
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