The $500 Cup of Coffee: A Lifestyle Approach to Financial Independence Especially for Millennials and the People Who Love Them. Dieser Artikel ist nicht verfügbar.The $500 Cup of Coffee: A Lifestyle Approach to Financial Independence Especially for Millennials and the People Who Love Them

"The $500 Cup of Coffee" helps balance present-day choices and future needs by asking, “why are you paying $500 for a cup of coffee?” If you’re a baby-boomer, like authors Steve Lome and Dave Kramer, you’re not. But if you’re 20 or 30-something years old, consistent investment of small amounts adds up over time. When you invest rather than ingest your coffee money, the future value of one week of gourmet coffee could easily exceed $500 thanks to the power of compound interest. Lome, a residential real estate developer, and co-author, David Kramer, a mortgage broker, nearly lost their shirts when the housing market crashed in 2008. Picking up the pieces, they wrote "The $500 Cup of Coffee" to inform and inspire others to build and hold onto to their wealth. Writing in a friendly style, they show you how to take control of your money so that money stops controlling you. They demonstrate that managing money is not difficult, investment is not scary, and that financial security is within reach, especially if you’re young and invest your time and money wisely. A how-to book that doesn’t tell you what to do, it presents a big picture view that will inspire you to think more carefully about education, work, home, and planning for the future. With "The $500 Cup of Coffee" as your guide, you’ll make smarter money choices, build your wealth, and use it to make life better.

The authors are not professional financial advisors, but they have lots of money experience. Dave, who was not a typical teenager, began investing in the stock market and attending retirement seminars at age 15. He later became a mortgage broker. For more than twenty years, he has reviewed the personal financial statements of thousands of customers. Steve was a residential real estate developer. Developing affordable housing, he quickly learned it was easier to build a house than a customer, because so many people were driving or wearing their wealth rather than saving for a home. Both Dave and Steve realized early in their careers that most people – regardless of income – do a lousy job of managing their money. Dave first conceived of "The $500 Cup of Coffee" as a way to help his clients put their financial house in order. Working with Steve, he reimagined it as a roadmap to financial independence that almost anyone can follow. The final result is a well-balanced blend of Dave’s straightforward thinking and Steve’s expansive worldview that encourages a commonsense, relatively low pain approach to wealth accumulation, emphasizing conscious consumerism, steady savings, and regular investing.