How much money do you spend a day on food?

[numberwang]

Ka-pi96 said:

numberwang said:
Quick investment tip: if you save only 5$ every day with 3% interest, starting at the age of 20 ending at retirement 65, you will have 166000$ saved - a good rural house.

https://www.investor.gov/additional-resources/free-financial-planning-tools/compound-interest-calculator

If you want to give an investment tip perhaps give a tip on where you could find somebody offering 3% interest, particularly on such a small amount?

Many long term saving accounts do not require a minmum, but I would prefer something tangible like stocks, either a index or a larger portfolio from companies that you like. You still might have to save the first thousands without interest helping you...

Stocks have a long term average returns of 7% over the last century, so it is attainable. Btw if you save 10$ a day with 7% over 45 years you will have more than a million.