ONE-THIRD SPEND MORE ON COFFEE THAN THEY DO INVESTING

According to a survey of 3,000 adults ages 18-44 by money app Acorns, more than one in three Americans spent more on coffee last year than they invested. If you’re spending $20 per week on coffee, that would add up to $1040 per year. If instead of buying coffee, you invested that $1040 each year from when you were 25 until retirement at 65, you’d end up with more than $170,000, assuming a 6 percent rate of return. Noah Kerner, CEO of Acorns, says it’s not that people don’t know they should invest, it’s that they often don’t think of it in the moment of spending. “We buy that cup of coffee almost automatically – and certainly without thinking about what that $4 could mean if we invested it.”
* Shut up. Must have buzz.
* Sorry, but investing gives me more jitters than caffeine.
* Just $20 a week on coffee? In what imaginary rainbow unicorn world is this?
* You’d have more money in the end, but you’d spend from age 25 to 65 groggy and half-asleep.
* Here’s what Starbucks should do as a rewards program: For every 25 cups of coffee you buy, you get a share of their stock.