You Can Save 6 Figures By Making Your Own Latte

You can make a nice nest egg by simply making your own favorite coffee drinks at home. 

Sometimes we find it hard to save money these days, but $300,000 is too good to pass on. You can save that much just by making your own latte or cappuccino at home and believe it or not you don't even need an expensive appliance to do it. 

Dr. Beth McMillan, a computer science student at the University of Oxford, did the math and found that if you stopped paying an average of $3.19 on a latte everyday and put that money into an account that paid $6 interest over 50 years, you'd end up with $337,942.69. 

Now yes I know that is very specific but even if you didn't put it into an account like that you would still save quite a bit of money by giving up that expensive cup of coffee. 

If you're looking for a really easy way to make your favorite drinks check out this video below. It really simplifies the process for you. 

 

There are even more ways to save too. David Bach's book "The Automatic Millionaire" mentions "The Latte Factor," but he goes much further with a calculator for coffee and other purchases including cigarettes and ATM fees that makes you take a look at the small expenses you have everyday and how to redirect that spending. 

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