A recent study
found that nearly half of millennials spend more on coffee than they save towards their retirement every year
. And that's not exactly good news. When you consider that socking away just $8 a day starting at age 28 can actually help you retire a millionaire
, ignoring your savings — even in your 20s — is a huge mistake.
While there are lots of ways to boost your savings now
that don't require cutting back on a daily latte, the study got us thinking about ways you could
boost savings from your coffee fund. If you use our hacks, and put the $5 you were dropping at Starbucks in the bank, you could boost your savings by as much as $1,000 a year, easily.
Click through to see our five favorite tips for saving while getting your caffeine fix. (Don't worry, we're not going to tell you to give up coffee completely — we're not monsters!)