Dear David,
Thank you for your book, The Automatic Millionaire. As a student and young single adult who is still trying to complete my degree at the University of Utah, money is tight. from reading your book I have found that there are many unnecessary “lattes” in my own life. I was quickly able to recognize the small amounts of money being spent here and there. My latte was shopping! I know, very typical for a female right. So instead of working just to spend all my money, I decided to put a portion of my money in a savings account each month. I was committed, so every pay check I put aside the amount I decided was fair to live without. After I graduated I found that I paid most of my tuition off, leaving me with little amounts of debt, which I am almost done paying off. I also decided to make myself a clothing budget. this way I could spend a small amount without feeling completely deprived. Every month i took out, in cash, the amount that I was allowed to spend. this left me with a win, win situation. I was allowed to spend a little and save a lot. After the cash was gone, I knew that was it for the month! I wasn’t even tempted to spend anymore. thank you again for you simple easy knowledge that makes our lives better.
Sincerely Laura Lee