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An interesting article showed up in my email recently because I signed up for Fast Company several years ago and was too lazy to unsubscribe from it, although I have been unsubscribing from a large number of newsletters and publications of late.
The article is titled Just Buy the F***ing Latte by Sallie Krawcheck.
I love the title of the article, as it reflects my own feelings on the topic. It largely focuses on how patronizing it is for the money gurus to preach “skip the latte” to women as if the frothy, milky, sweet, steamed drink is a flippant luxury.
The crux of this advice is the oft-used trope: “Don’t buy your daily latte . . . instead invest the money and become rich.”
Although I have read and learned from literally dozens of gurus from Anthony Robbins to Robert Kiyosaki to Suze Orman to Jim Cramer to Thomas Stanley and on and on and on… David Bach is one of my favorite, if not my very favorite, one.
Bach’s book Start Late, Finish Rich is the one that kicked me in the seat of my pants and finally got me to fully and truly embrace the concept of Paying Myself First.
If anything, in all my reading, thinking, and writing about money, those three words comprise the most solid advice that I have both embraced and put into practice.