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
THE MUST HAVE
"THE ACHIEVERS EDGE"
By Peter Thompson
More Great CD Programs
Archives
The Road is better than the Inn
Can't See the Wood for the Trees
Bluebird - A pint of Ale & water speed record
Visualising an Argument with Alien Bowling
Old Friends lead to New Thoughts
Space Shuttle designed on a horses backside
The Mexican Boatman & "Harvard MBA".
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
Stop
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,
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