[kyleperik]

I don't think it's correct to say it's not good to buy lattes or new cars, but I think we should be aware of what it costs you verses the alternative.

I think it's common knowledge that new cars deprecate extremely quickly, so for most middle class individuals it's better to go with a used car to avoid losing loads of money in the long run.

A medium latte costs at least $3. For daily drinkers that's about $90/month, which is at least triple the value of the beans and milk it took to produce.

Frugal living alone doesn't make you rich but I think it can really help you if you're in debt (like most Americans)