Dear Mr. Bach,
I have found my latte factor. I kept track of what I spent for the last week and found that I spent over $140 on 4 take out dinners (including delivery charges) that I could have cooked at home instead. Since I usually don’t cook several nights a week, I think this amount is fairly accurate. Assuming I could purchase food to make the 4 extra home cooked meals for $20 a meal (a total of $80), I could save $60 a week. According to your website if I invested $60/week for 10 years @ 5% before taxes, I could earn over $40,000!. Not a bad trade off for doing a little more of my own cooking.
I have your file system set up. After gathering all my files into an organized place, I discovered I had not reconciled my checkbook or investment accounts since February. ( I thought it was only July & Aug). I spent all day Sat & Sun catching up, catergorizing and balancing all my Quicken accounts. Unfortunately, I have not yet filled out the ‘where my money goes’ worksheet but will get that done shortly.
I am very excited about putting your Automatic Millionaire system to work in my life. I am a recent widow who has let things go for too long and it is now time to take back control of my finances. I am finding your program an excellent way to start. Thank you.