The Latte Factor

In this short fable, financial expert David Bach and co-author John David Mann reveal three secrets to managing your money that anyone can embrace. The story’s protagonist, 27-year-old Zoey, wants to buy a photograph but thinks she can’t afford it until a coffee shop owner named Henry and his friends show her how to change her approach to her finances. Wealth is more of a mind-set, the authors argue, and you must, therefore, adopt the correct attitude if you want financial freedom. Pay yourself first, they say, budget automatically and know what you value most. Follow the authors’ advice to live a rich, fulfilling life now.