Thursday, January 19, 2006
Finishing Rich
Wanna get rich? Start with coffee. But that doesn't mean importing beans from Brazil or launching a premium roasting company. It simply means being aware of just how much that morning cappuccino habit costs you.
David Bach calls it "The Latte Factor," and it's one of the keys to improving your financial health.
That $5 a day, the average cost of coffee and a muffin, doesn't seem like a lot, but it adds up quickly.
How quickly?
Try $35 a week. Try $1,885 a year. Over the next 40 years, $948,611. And that assumes Starbucks doesn't raise its prices in the next few decades.
Finishing Rich
Source: Monterey Herald
David Bach calls it "The Latte Factor," and it's one of the keys to improving your financial health.
That $5 a day, the average cost of coffee and a muffin, doesn't seem like a lot, but it adds up quickly.
How quickly?
Try $35 a week. Try $1,885 a year. Over the next 40 years, $948,611. And that assumes Starbucks doesn't raise its prices in the next few decades.
Finishing Rich
Source: Monterey Herald