|From Starbucks (India) website|
Checking the menu, we found that a cup of coffee, could cost anywhere between Rs 100 to Rs 200, depending on type of drink. Though this does not seem much at first, if it does become a part of routine for young generation, then it could eventually turn out to be a bit costly. Assuming one makes a visit every week and shells our Rs 150 (in between Rs 80 and Rs 200) for a coffee, one would end up spending about Rs 600 a month on coffees.
Now, if this amount was invested on monthly basis (SIP) in a good mutual fund scheme, then assuming 15% pa growth, the amount would have become Rs 1.65 Lacs in 10 years. You can calculate the same yourself by using a SIP Calculator.
|A Snapshot from SIP Calculator (Source: HDFC MF)|