Why The Latte Effect Is Flawed

Cutting out your daily latte might reduce your expenses, but what if that latte gives you the experience to meet a new business partner, or give you two hours of productivity. What is the real ROR of that one latte?

In today's Better Wealth Breakdown, Dan and I talk about the Latte Effect which is the idea that if you drop out your daily latte and calculate how much money you are spending over time on something as silly as coffee. But today we challenge the theory by discussing why it's more important to get really clear on the return on result before you pick up the next money strategy because it’s a headline or magazine topic. Dan and I share a personal experience of why a morning latte made us more productive and introduced to us valuable relationships. Listen as we challenge both sides of the coin on the Latte Effect and how it can be both harmful and helpful. 

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