In "The Latte Factor," personal finance expert David Bach unveils a transformative story that intertwines the journey of a young woman discovering the power of financial freedom. Through the lens of a seemingly simple daily ritual—her coffee habit—she learns profound lessons about saving and investing. With relatable characters and an engaging narrative, Bach challenges readers to rethink their spending habits and recognize the true cost of indulgences. Could a small shift in perspective lead to monumental changes in your financial future? Dive into this inspiring tale and unlock the secrets to achieving your dreams, one latte at a time!
By David Bach, John David Mann
Published: 2019
"Your latte factor is the amount of money you spend regularly on small, non-essential purchases."
“A three-step process to financial freedom” from the #1 New York Times–bestselling author of The Automatic Millionaire (Jon Gordon, bestselling author of The Energy Bus). Drawing on the David Bach’s experiences teaching millions of people around the world to live a rich life, this fast, easy read reveals how anyone—from zillennials to baby boomers—can still make his or her dreams come true. In this compelling, heartwarming parable, Bach and his bestselling coauthor John David Mann (The Go-Giver) tell the story of Zoey, a twenty-something woman living and working in New York City. Like many young professionals, Zoey is struggling to make ends meet under a growing burden of credit card and student loan debt, working crazy hours at her dream job but still not earning enough to provide a comfortable financial cushion. At her boss’s suggestion, she makes friends with Henry, the elderly barista at her favorite Brooklyn coffee shop. Henry soon reveals his “Three Secrets to Financial Freedom,” ideas Zoey dismisses at first but whose true power she ultimately comes to appreciate. Over the course of a single week, Zoey discovers that she already earns enough to secure her financial future and realize her truest dreams—all she has to do is make a few easy shifts in her everyday routine. The Latte Factor demystifies the secrets to achieving financial freedom, inspiring you to realize that it’s never too late to reach for your dreams, proving once again that “David Bach is the financial expert to listen to when you’re intimidated by your finances” (Tony Robbins, #1 New York Times–bestselling author).
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“Your latte factor is the amount of money you spend regularly on small, non-essential purchases.”
The Latte Factor
By David Bach, John David Mann
Discover a world of knowledge through our extensive collection of book summaries.
David Bach is a renowned financial expert, author, and entrepreneur, best known for his bestselling books, including "The Automatic Millionaire" and "Smart Women Finish Rich." With a mission to empower individuals to achieve financial independence, he has inspired millions through his practical advice on saving, investing, and wealth-building strategies. Bach is a sought-after speaker, regularly appearing on major media platforms and delivering keynote addresses at financial conferences. As the co-founder of FinishRich Media, he continues to develop resources that promote financial literacy and personal finance education. Through his work, David Bach remains a trusted voice in the field of personal finance, helping people to take control of their financial futures.
John David Mann is a bestselling author and co-author renowned for his engaging storytelling and ability to weave profound life lessons into fiction and non-fiction alike. Best known for his collaborations with renowned entrepreneur and motivational speaker, Jack Canfield, Mann co-authored the acclaimed "The Go-Giver," which has inspired countless readers with its principles of giving and reciprocity in business and life.
His notable works also include "The Go-Giver Leader" and "The Recipe," showcasing his knack for blending timeless wisdom with relatable narrative. Mann’s writing style is characterized by clarity, simplicity, and an insightful approach to complex themes, making his works accessible to a wide audience. In addition to his successes in the realm of business literature, Mann is also a passionate advocate for personal development, and his writing reflects a deep understanding of human nature and relationships. With a commitment to inspiring positive change, he continues to influence and motivate readers around the world.
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