$24,994.93 | The Long-term Cost of Movie Tickets

[pictured above:  Star Wars Rogue One coming December 2016]

The Spend | Movie Tickets

Who doesn't like to see a movie on the big screen? No, not that miniature 100" TV from Best Buy, I'm talking about that hundreds of inches big screen at your local theater. It's HUGE, right?

If you're like the average American, you'll likely go to the movies five times each year. What price you pay will largely depend on when you go. In the great city of Florence, Kentucky (that's Florence, y'all!), you can choose to pay $10.90 or $5.50 for your tickets.

In the interest of saving a few bucks, let's say you decide to pay $5.50 instead of $10.90 five times each year. That saves you $5.40 per ticket. And, since you're not likely to be a solo moviegoer, let's double that savings to $10.80 per visit to include your significant other.

Each year, that adds up to a nice sum of $54.

The Opportunity Cost | Retirement

By choosing to pay the low price of $5.50/ticket, you can save $54 toward retirement this year. Add to this $23.23 in tax incentives and $38.62 in employer matching contributions, and you end up saving a total of $115.85 per year.

The Long-term Opportunity Cost | 30-year Value

When you make a habit of paying the lowest price instead of the highest price and saving the difference for retirement, good things happen. Over the course of thirty years of paying low prices, saving for retirement, and investing in the markets, you end up with $24,994.93.

If you're writing a check, you can spell that out as TWENTY-FOUR THOUSAND NINE HUNDRED NINETY-FOUR AND 93/100 DOLLARS.

Go Cheap or Not

The choice is yours: pay the low price and add $24,993.93 to your retirement years or pay the high price and miss out on what that $24,993.93 could do for you in your golden years. Either way, you see the same movie, on the same screen, eating the same popcorn, drinking the same soda, feeling the same vibrations from the same amazing sound system.

Only difference is one decision adds about twenty-five grand to your life and the other doesn't.

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[click to see the numbers informing this post]