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.”