Do you need that coffee?

I love coffee. I like having a business meeting with coffee with a new business partner or a client or just as a casual thing to catch up, whether it's with my wife or taking my wife and daughter out. So I love coffee. But recently I've done some numbers on if you've got a home loan and you go out and buy coffee. Now I've seen coffee go from a couple of dollars to five, six dollars a cup of coffee depending on whether you want the big wine with the cream and the frappe macchiato thingy with a skim latte and something that probably comes out a little bit too milky at times. That's probably my pet hate as well, too milky coffee. If we look at the numbers really specifically around $4 a cup of coffee. $4 a cup of coffee. Actually when you multiply it out for a whole year on yourself and if you are in the coffee shop yourself or you go through the drive through and you get a coffee just by yourself without it being a business meeting or something, that's income producing for you, you can be flushing down the toilet $39,000 because that's what it is. You put $4 extra off your home loan per day and, and over the term of the loan you would save $39,000. Now that's a big savings if you think about it, from a small cup of coffee. So it's really good to think about what's in your life and your routine that could help you get ahead. $39,000 would help many people get ahead and especially it's better in your pocket than it is in the bank's pocket. I love coffee. I have a coffee machine at home that brings the, reduces the price down a lot. And I do like to go out for a business meeting which is income producing for me to have a coffee. So I'm restricted myself to just business meetings to have a coffee and relationship and family and things. But I have a coffee machine at home and I try to do it there as well. So remember, think about those little expenses that you can remove out of your purchasing habits and put that off your mortgage and see what happens. It's Aaron from Diagnostic Finance. Have a great rest of your day.