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THIS WEEKS THOUGHT   The Latte Factor - WEEK 40

Reading Time 1 minute 45 seconds    FOR A PODCAST OF THIS THOUGHT CLICK HERE Or Ipod Users Click Here



Well Christmas is on its way again and I was rushing round the shops trying to buy presents for everyone.

I dived into a cafe for a quick Latte and skimming through the paper.

What I read was fascinating.

As we rush round buying Christmas presents, 10% of us in the UK still haven't paid for the presents we bought last Christmas

Yes 10% of us still have the bill for all those presenting sitting on our credit cards from last year.

I'm sure you'd agree we're never going to get rich doing that.


This along with my Latte reminded me of the Latte factor.

The Latte factor is an idea created by David Bach, author of The Automatic Millionaire


David says you don't need a lot of time or money to make a million pounds. If you save five pounds a day, you'll be a millionaire in 41 years. And you could be a millionaire in 34 years if you save 10 a day!

Now your probable thinking

"Where am I going to find an extra five quid (5) a day to save?"

David says you'll find the money in what he calls your "latte factor," the money you spend everyday on things that don't really add value to your life.

The latte factor is different for everyone.

Maybe its that latte you gulp down on your way to work, the new mobile phone which isn't really any different to the old one, the newspaper you don't get round to reading or the gym which you don't have time for. Apparently we've all got our frivolous spends which don't really add value to our lives.

So as the new year approaches, I'm going to take a look at my latte factors and calculate how long it will take me to reach my million.

Till next week, start the easy road to being a millionaire

David Gardner


 Recommended Audio CD's
By Peter Thompson
More Great CD Programs
 Think & Grow Rich - Napoleon Hill
 Good to Great - Jim Collins
 Psychology of Achievement - Brian Tracy
 Discover Your Strengths - M Buckingham
 7 Habits of Highly Effective- Stephen Covey
 Rich Dads Secrets - Robert Kiyosaki
 Maverick Mindset - John Elliot
 Vocal Power - Roger Love
 Quantum Memory - Dominic O'Brien
 Getting Things Done - David Allen
A Short History of Nearly Everything- B Bryson


 Recommended Books

 Good to Great - Jim Collins 
  7 Habits - Stephen Covey
  The Automatic Millionaire 
  Discover you Strengths - M Buckingham 
  Richard Branson's Auto biography
  Brilliant Memory - Dominic O'Brien
  Think & Grow Rich -  Napoleon Hill 
  Freakonomics - Stephen Levitt
 Getting Things Done - David Allen
 The Machine That Changed the World
 Watching the English - Kate Fox
A Short History of Nearly Everything- B Bryson



The Fox and the Hedgehog

Life Balance the Da Vinci Way

Peace of Mind

The Miss World Quiz

The Road is better than the Inn

Did the Elephant Remember?

Can't See the Wood for the Trees

Dutch Courage

Talk with Relevance

Milo the Greek

A Boy called No

Bluebird - A pint of Ale &  water speed record

Visualising an Argument with Alien Bowling

Old Friends lead to New Thoughts

Bad Driver

Space Shuttle designed on a horses backside

Back to the Future

The Mexican Boatman & "Harvard MBA".

The World in Perspective

Acres of Diamonds

First impressions in 30s

The Two Minute Rule

 Noughts and Crosses

 Think and Grow Rich

 3 Blind Men & An Elephant
Someone Everyone Anyone No-one
12 Questions to High Performance
The Bee Can't Fly but No-one told the bee
The Maverick Mindset of Baseball
Three Men and a Boat
Two Cannibals & a Beautiful Girl
The Meaning of Life  
What was your name again?
Two Frogs
Is Common Sense Possible
An Architects Vision
Does Edison Turn Your Light On


Other books and CDs I've mentioned can be found here

There are loads of great audio programs at Nightingale Conant's ,web site here,