A latte every day makes you poorer and poorer.
What is the latte effect?
Latte effect means that people's daily life, like buying a cup of coffee, is a dispensable habitual expenditure. For example, a cup of latte after lunch every day, cross-bank withdrawal from 7 yuan, renting a DVD for one day late, buying two pairs of jeans after seeing the promotion in the mall, three kinds of eye shadows found online, and a fitness card that has been paid but never used ... These wasted money may make them rich.
Someone has done this calculation: based on Starbucks, a cup of latte from 30 yuan and three cups of latte from 90 yuan are 4,320 yuan a year, and 10 is more than 43,000 yuan, which is enough to travel to many places.
An online survey in China even pointed out that 42% netizens said that they had a "latte effect", among which the proportion of women was higher than that of men, and they mainly spent on drinks and magazines. No wonder David once pointed out sharply: "The problem of money is usually not that the income is too small, but that it costs too much!" "
How does the latte effect erode our wealth?
Lars said, "If you really have money, it's okay to splurge on high-end goods. But if you are just an ordinary person who wants to get rich, then such consumption will not make you rich, never. " It is estimated that there is such an example around us.
Friends A and B earn 3000 yuan and 5000 yuan respectively, but their monthly balance is similar, and they earn more and spend more. At the very least, the deposits that earn less are much more than those that earn more. This reflects the influence of "latte effect" on people.
Those with less income will deliberately control their own expenditure costs because of their lower income. People who earn more will constantly improve their material desires in the process of consumption. Without conscious control, they can easily become "moonlight clan".
How does the latte effect erode our wealth?
People with low incomes will also be affected by the "latte effect". Generally, there will be expenses in advance. In addition to spending every month's income, I still can't control my material desires and start spending in advance on some lending apps, starting a vicious circle of "borrowing-returning".
There is another phenomenon in life-hoarding desire. When we see promotional activities, it is easy to buy something we may not need because the product price is lower than usual, or because of the buy one get one free activity.
How to avoid letting the latte effect make you poorer and poorer?
1. Step 1: Bookkeeping
Sticking to bookkeeping allows us to sum up the rules in our daily expenses and avoid unnecessary expenses.
Step 2: Compulsory savings.
Change the saving habit from income-expenditure = savings to expenditure = income-savings. Give yourself a relatively low expenditure budget, as long as you stick to it, it will be a lot of money in a few years. This is the best way to change the moonlight clan.
3. Step 3: Identify the consumption trap and live with low material desires.
Anyway, learn to buy in moderation. Some things may look cheap, but too many domestic products will produce many useless expired goods, which is a waste of money.
Meet a better self.