It’s not always a cup of coffee, of course, but these guys always seem to fixate on some trivial but regular expenditure and the need to remove it if you’re ever going to get anywhere with your finances. For them, the secret of success appears to be in finding and plugging the countless hundreds of little “holes” through which money leaks out of your life.
Here’s a news-flash: If a couple of dollars a week can make or break you, you’ve got more problems than you know.
This isn’t to say that there is no point in trying to cut back on the non-essentials. In fact, we all probably spend more than we should on things we don’t need and could just as easily do without. There really ARE a whole bunch of little holes and leaks in everyone’s budget, and they can cause problems, BUT you won’t get anywhere if you focus on them. If it turns out there’s a three-foot gash in your finances, a couple of slow leaks are the least of your worries.