Calculate the true cost of your daily coffee, latte, or energy drink habit
By reducing or eliminating this habit, you could save — per year. Invested at 7% annual return, that becomes — in 10 years!
The "latte factor" is a term coined by financial author David Bach, referring to the small, regular purchases we make without thinking that add up to significant amounts over time. A daily $5 coffee might seem insignificant, but over a year, it can cost you over $1,800.
This calculator helps you visualize the true cost of your coffee or drink habit. Even small changes, like making coffee at home a few days a week, can lead to substantial savings over time. A home-brewed coffee costs about $0.50 compared to $5 at a cafe — that's $4.50 saved per day, or $1,642 per year.
If you invested that $1,642 annually at a 7% return, you'd have over $23,000 in 10 years and nearly $165,000 in 30 years. Small changes, massive results.