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WATCH: How the little things eat into your savings

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Cape Town - Consumers can save large sums of money by just cutting down on the small luxuries in life. Investment actuary Hildegarde Wilson crunched the numbers.

“If you save R25 a day that you would spend on one cappuccino every day, for a year you would save R40 000 and over R90 000 in a decade,” she told Fin24 about analysis she conducted.

Wilson said an even bigger saving can be expected from smokers should they quit.

“If you save the money from 3 packets of cigarettes a week, after a decade you would have saved R154 000.” 

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