This is Bach's most famous concept. It demonstrates how small, daily discretionary purchases can destroy long-term wealth.
To simplify asset allocation, Bach suggests organizing your money into three automated baskets: Smart Women Finish Rich
Ensures your financial plan is emotionally anchored to what actually brings you fulfillment. 2. The "Latte Factor"® This is Bach's most famous concept
Most financial plans focus on arbitrarily picked numbers. Bach flips this by asking, "What is important about money to you?" Smart Women Finish Rich