I think the "don't buy the daily latte" advice maybe is not meant to be taken literally but is instead meant as a way to demonstrate the affect of compound inte

I think the "don't buy the daily latte" advice maybe is not meant to be taken literally but is instead meant as a way to demonstrate the affect of compound interest and encourage people to start saving. We have the realize the audience is usually people who have no idea whatsoever about saving or investing. We're trying to encourage them to get in the mindset; if they cut back the latte, what else can they cut back on? The article is a bit rant-y for my taste, but I do agree people need to consider more the big expenses: if you live in New York/San Francisco, saving just $200 on rent seems pretty negligible when rent is like 1.5k-3.5k, but it's way more of an important decision than a half price toothpaste or something. I have a friend I went on vacation with recently. She has an amazing apartment which she barely ever lives in due to being a consultant, yet she was worried about saving a few bucks on her flight. Our brains tend to focus on relative rather than absolute values.