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Key Takeaways Author and host Suze Orman is reportedly worth tens of millions of dollars.
However, she refuses to routinely spend money on dining out and beverages, especially coffee.
She noted that money spent on coffee each month could instead go into a Roth IRA.
Suze Orman has spent the past few decades urging Americans to save more and invest wisely. The best-selling author and longtime TV and podcast host has also amassed a fortune of her own, reportedly worth tens of millions of dollars.
Despite her financial success, she has repeatedly spoken out about one everyday expense: buying food and beverages, especially coffee.
The 75-year-old millionaire has said she won’t spend money at coffee shops. Instead, she chooses to make her own brew at home.
“I do Cafe Bustelo coffee every morning,” she told The Wall Street Journal in 2024. “I would drop dead before I bought a coffee — I do one cup a day and that’s it.”
Orman said that repeated small purchases can add up over time. She noted that money spent on coffee each month could instead go into an investment account, such as a Roth IRA.
Orman broke down the math: If someone spends around $100 on coffee each month and instead put that money into a Roth IRA, the funds would grow to around $1 million after 40 years.
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