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by daveguy 1756 days ago
> Investing that $2.50 you spend every day on a latte in the stock market instead can lead to a life of riches. How’s that for putting a damper on one of the little joys in life?

Budgeting will let you realize there are essentially infinite ways to spend your money. You have to decide the best way to do that. If you're trying to make money, buying yourself a latte is not the best way to do it. If you're trying to enjoy the money you earned, buying a latte may be the best way (but probably not).

Budgeting helps you better understand the balance between spending and earning. When you start considering the best investment for the dollar you have earned, it makes a difference.

1 comments

Where can I get these cheap lattes? Seattle prices are >$5
If they're that important to you, you can buy a relatively inexpensive expresso machine/milk frother and make them at home.

People can spend their money and time however they want of course, but I'm always astounded by the lines at Starbucks whether people standing in line or the drive-through.

I certainly use such places when traveling (though I try to go to local shops) but I've never especially understood the 8am stand in line for 20 minutes ritual.