The "Latte" Factor

I just finished reading a soft-cover edition of "The Automatic Millionaire", by David Bach, who has written four other books dealing with money matters. One of the startling demonstable facts that he points out is that nearly everyone wastes money without even realizing they're doing it. Forget about lattes, and take a moment to see just how much you spend in a week on things you could easily cut out altogether or at least reduce. Where I live, a city of about 35,000 people, there are six Tim Horton's coffee shops, and they are busy. I like coffee, and have been known to visit "Timmy's" 3 times in one day. That's $4.35 out of my pocket. I don't do that often, but at least 4 times a week I buy one coffee, costing $5.80 in total. Now imagine putting that much in a shoebox every day. At the end of the year you would have $2,117.00! Even one coffee at $1.45 yields $529.25! Something to think about at any age, but if a young person of 22 or so put that amount away every day until retirement, my bet is that they would retire with well over a million dollars and substantially younger than most .