There is much debate about whether the latte factor can really make or break you when it comes to finances. For the record, I think it can result in “death by a thousand cuts” (a phrase I just saw someone use in the comments on another blog), but what I really want to focus on is how in addition to it affecting your bottom line, it’s wasteful and detracts from your overall enjoyment.
Something isn’t a treat if you’re enjoying it on a regular basis. Is anyone really savoring their morning Starbucks (or Dunkin Donuts) if they get it every single day? Doubtful. It’s just routine at that point. So in addition to blowing $4 a day, you’re not even getting all that much enjoyment out of it. If instead you got your iced coffee once a week (or less), you’d be saving money AND you’d really enjoy the experience. You just have to be willing to try it.