Bad Advice: Save Money By Cutting Lattes
Nick True - MappedOutMoney 5:44
2,702 views · 141 likes Watch on YouTube ↗
"If you stop buying lattes and avocado toast, you'll be a millionaire" - personal finance expert.
On the other hand, others think you should focus on big wins like your house, car, student debt, and income rather than cutting lattes.
Truth be told, both of them are right, and both of them are wrong. Yes focusing on the big wins is important, but so is cutting bad habits.
However, in this video, I want to focus on what both of them get wrong. Both groups assume that you actually want the latte.
Have you ever stopped to ask yourself if you want the latte that both of these camps continue to argue about? What if your small habits are simply just habits? What if you aren't making a conscious decision everytime you buy, but instead you're buying because that's just what you do?
About 45% of every decision you make is based on habits. That means nearly half of everything you do is done in part subconsciously. You aren't thinking about what matters most to you and then going after that, in fact, you aren't hardly thinking at all.
Rather than focus on cutting lattes or buying lattes, I want you to ask one simple question.
Why?
Why are you buying the latte in the first place? And is that what you truly want?
______________________________________________
My Website: https://mappedoutmoney.com/
FOLLOW ME
Facebook: https://www.facebook.com/mappedoutmoney
Instagram: https://www.instagram.com/mappedoutmoney
Twitter: https://twitter.com/nickdtrue
PS: If you have an Amazon Alexa, I just launched a brand new daily flash briefing called 30 Second Money. It would mean the world to me if you checked it out in your Alexa app.
https://www.amazon.com/Thirty-Second-Money-Nick-True/dp/B077NQM3FG/ref=cm_cr_arp_d_product_top?ie=UTF8
On the other hand, others think you should focus on big wins like your house, car, student debt, and income rather than cutting lattes.
Truth be told, both of them are right, and both of them are wrong. Yes focusing on the big wins is important, but so is cutting bad habits.
However, in this video, I want to focus on what both of them get wrong. Both groups assume that you actually want the latte.
Have you ever stopped to ask yourself if you want the latte that both of these camps continue to argue about? What if your small habits are simply just habits? What if you aren't making a conscious decision everytime you buy, but instead you're buying because that's just what you do?
About 45% of every decision you make is based on habits. That means nearly half of everything you do is done in part subconsciously. You aren't thinking about what matters most to you and then going after that, in fact, you aren't hardly thinking at all.
Rather than focus on cutting lattes or buying lattes, I want you to ask one simple question.
Why?
Why are you buying the latte in the first place? And is that what you truly want?
______________________________________________
My Website: https://mappedoutmoney.com/
FOLLOW ME
Facebook: https://www.facebook.com/mappedoutmoney
Instagram: https://www.instagram.com/mappedoutmoney
Twitter: https://twitter.com/nickdtrue
PS: If you have an Amazon Alexa, I just launched a brand new daily flash briefing called 30 Second Money. It would mean the world to me if you checked it out in your Alexa app.
https://www.amazon.com/Thirty-Second-Money-Nick-True/dp/B077NQM3FG/ref=cm_cr_arp_d_product_top?ie=UTF8
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