Comments on: What’s your Latte Factor?

By: Danny

Danny — Tue, 07 Feb 2012 16:42:36 +0000

Too much admiration for Starbucks coffee! LOL!

By: Jesse Bullard

Jesse Bullard — Fri, 23 Dec 2011 22:37:21 +0000

This is one of the most insightful articles I have read lately about saving money. Recently, there’s an upsurge in the numbers of social media articles but you hardly come across good personal finance articles. Seems like everybody everywhere wants us to spend the money. Latte Factor has been haunting me for past few years, and I’m young and I have looked at it and I have ignored it. But can’t do that for too long. As you grow old you realise that you earned much more than you seemed to have got. Where the hell did it go? A little difference everyday can go a long way in improving your finacial heath in the future. Thanks for the reminder and te inspiration!

By: young

young — Mon, 10 Oct 2011 06:53:22 +0000

@Jason- totally… $10 really adds up! Thats’ $50 a week and $200 a month. And $2400 a year! That’s a trip to Italy if you ask me

By: Jason

Jason — Sun, 09 Oct 2011 01:24:40 +0000

I think that eating out every day has a big impact on my spending. I mean it’s almost 10 dollars to get a decent lunch and I know that if I would just take the time to pack a lunch I could save a bunch of money every month.

By: mcham law

mcham law — Wed, 03 Aug 2011 20:59:44 +0000

eating lunch out does me in. If I’m not careful I’ll eat out 3-4 times a week for $7-$10 per.

By: Deborah Bradley

Deborah Bradley — Mon, 11 Jul 2011 21:41:57 +0000

Just like you I use to spend a lot of money on lunch and there’s the occasional dinner out with friends every other night which could have gone to my savings.

By: Cheap and Good Eats: Faubourg Parisian Bistro | youngandthrifty.ca

Cheap and Good Eats: Faubourg Parisian Bistro | youngandthrifty.ca — Fri, 18 Mar 2011 14:42:19 +0000

[...] coffee is slightly cheaper than at Starbucks, so if you are going to indulge in the latte factor, indulging at Fauborg can be better because their coffee (I tried their cafe latte- $3.25) is [...]

By: Vietnam Travel on the Cheap (Especially during Tet) | youngandthrifty.ca

Vietnam Travel on the Cheap (Especially during Tet) | youngandthrifty.ca — Thu, 24 Feb 2011 02:50:58 +0000

[...] Live without regrets. I don’t eat out for lunch every day at work and don’t have a latte factor, so traveling is what I spend my money on and what I value in life. I tell myself this every time [...]

By: young

young — Wed, 17 Mar 2010 03:30:15 +0000

@Matt Ahh that’s a good idea! Add a zero- that will definitely hinder any excessive purchases! Maybe I should think of my future home-purchase like that =) That strategy can help weed out anything that is not necessary. I’ll try that next time I’m tempted to buy anything =)

By: Matt @ Dividend Monk

Matt @ Dividend Monk — Wed, 17 Mar 2010 01:17:51 +0000

Good post. The way I calculated it once, I concluded that all of my purchases cost my future self 30 years from now ten times what they cost me today, inflation included. So a simple trick for me is to look at whatever I want to buy, imagine an extra zero at the end of the price, realize that my future self is paying that much for this item, and then see if I still think it's worth it. .-= Matt @ Dividend Monk´s last blog ..10 Rules to be Average =-.