The $500 Cup of Coffee
A Lifestyle Approach to Financial Independence Especially for Millennials and the People Who Love ThemBook - 2017
"When you invest rather than ingest your coffee money, you can achieve financial independence one cup of coffee at a time. The Five-Hundred-Dollar Cup of Coffee helps balance present-day choices and future needs by asking : 'why are you paying 500 dollars for a cup of coffee?' If you're a baby-boomer, like authors Dave Kramer and Steve Lome, you're not. But if you're 20 or 30-something years old, consistent investment of small amounts adds up over time. Due to the power of compound interest, the future value of one week of gourmet coffee could easily exceed 500 dollars. Lome, a residential real estate developer, and Kramer, a mortgage broker, nearly lost their shirts when the housing market crashed in 2008. Picking up the pieces, they wrote The Five-Hundred-Dollar Cup of Coffee to inform and inspire others to build and hold onto their wealth. They demonstrate that managing money is not difficult, investment is not scary, and that financial security is within reach, if you're young and invest your time and money wisely."--Back cover.