Buy Yourself a Latte
If part of your audience consists of people living without much a safety net, that $5 a day adds up. Also, the author&#x27;s point that saving that much isn&#x27;t going to be $1 million, but &quot;only&quot; as much as $500,000 then that point rather falls flat. Sure, inflation may decrease the utility of that amount of money, but it will also increase the cost of that latte, so you&#x27;ll be saving more than just the $5 over time. Finally, this piece ignores the entire mindset of the &quot;avoid the latte&quot; point, which is that it&#x27;s intended as much literally as metaphorically: don&#x27;t waste money on the little stuff. $5 for coffee, another $100&#x2F;month subscribing to every video streaming service and gold-plated cable package, etc.<p>Obviously if you&#x27;re already socking away 15% of your income into a retirement account, Have at least 6 months of salary in a savings safety fund, and generally live about 10% below your means, this advice probably doesn&#x27;t apply to you: you have more than enough to spend on the little stuff. But congratulations, you&#x27;re in a significant minority, and this advice is aimed at the rest of the working populace who aren&#x27;t in that situation.