This was one of the lines that was made famous by the Great Depression of the 20th century. A dime doesn't represent that much money, but it can add up. As I like to play with spreadsheets, I was toying with the notion of a dime a day. Keep in mind that the figures I give are not figuring any interest.
A dime a day for thirty years (average number of working years) comes up to a grand total of $1,092.00 What could you do with an extra thousand dollars? A quarter a day comes up to $2,730.00 If you could muster $5.00 a day, you could have a major renovation to your home in the amount of $81,900.00. That's a lot of money to a lot of people (including myself). It would be enough for me to be completely out of debt.
It is no small wonder that stores and companies will nickel-and-dime you to death. They are not stupid. There is great money in the nickel and dimes of the world. Any opportunity for you to save a nickel here and a dime there will add up to lots of dollars that you could use to pay off your debt, to save for the future, or live life as you desire.
Have a great day!
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