Ride-sharing apps can cost up to $4,000 a year, reports Time. So, by giving up Uber and Lyft, you can save up to $323,150 over 25 years.
The average charge for a ride-sharing ride is approximately $22. With a three-to-four-trip-per-week assumption, this money can add up quickly. Time recommends saving the money in order to experience a better retirement.
On the contrary, giving up your morning cup of Starbucks would only save $87,000 for millennials. Giving up mani-pedis for 25 years will save $107,000. It’s best to give up all of these if you’re looking to be frugal. However, ride-sharing apps definitely do the most financial damage.