If you start early and keep at it, saving a little at a time can add up to a substantial amount for your retirement. How? Redirect the money you’re spending on small luxuries such as fancy coffee and take-out lunches to your savings plan, and watch your nest egg grow.

Save money by taking meals and coffee to work

Adding your coffee and lunch money to Canada Pension Plan/Quebec Pension Plan savings of, say, $300 a week and you’re looking at a cool $1.3 million in 30 years (based on an average annual return of 5%).

A chart showing how small savings can add up over 30 years.