Wealth isn’t built by skipping coffee—it’s built by expanding your income, mindset, and opportunities. ~Irene Kachel

Skipping Starbucks Won’t Make You Rich—Here’s What Will

For years, personal finance gurus have been telling people that cutting out small daily luxuries—like your beloved Starbucks latte—is the key to building wealth. The idea is simple: if you save $5 a day, that’s $1,825 a year, and over decades, with compound interest, you’ll have a nice chunk of change. Sounds reasonable, right?

Wrong.

The "skip your coffee" advice is a lie. And worse, it keeps people stuck in a scarcity mindset, focusing on cutting back instead of creating more. If skipping a latte was all it took to be rich, wouldn’t we all be millionaires by now?

The Real Problem With the Latte Lie

1. It Distracts You From the Big Picture
   Wealth isn’t built by scrimping pennies; it’s built by making empowered financial decisions, increasing income, and leveraging money. Focusing on tiny expenses keeps you playing small instead of learning the real game of wealth creation.

2. It Promotes Scarcity Thinking
   Constantly denying yourself small pleasures trains your brain to believe money is limited, reinforcing a cycle of lack. True financial success comes from expanding your income and managing it effectively—not living in constant deprivation.

3. It Ignores the Real Money Blocks
   People who struggle with money often have deeper mindset patterns around unworthiness, fear, and limiting beliefs about wealth. Cutting out coffee won’t magically fix those. Doing the inner work to shift your money mindset and master financial energy is what actually changes the game.

What Actually Makes You Rich

If skipping your morning coffee won’t make you a millionaire, what will? Here’s where your focus should be instead:

• Increasing Your Income: Instead of obsessing over $5, think about how to add an extra $500 or $5,000 to your monthly income. Side hustles, negotiating a raise, or starting your own business are all better uses of energy.

• Investing in Yourself: Learning how to manage, multiply, and energetically align with wealth is far more valuable than cutting small expenses.

• Shifting Your Money Mindset: True wealth comes from an abundant mindset, not from penny-pinching. If you believe you can’t afford small luxuries, how will you ever believe in big money goals?

Ready to Unlock Real Financial Freedom?

If you’re tired of the outdated advice that keeps you stuck in scarcity and ready to tap into true financial abundance, my book, Infinite Wealth: Secrets to Ignite Financial Success, is your next step.

Inside, I break down the energy of money, how to shift your mindset, and practical strategies to create the wealth you desire—without sacrificing the little joys that make life enjoyable. Plus I'm added special bonus resources!

Grab your copy on Amazon today, grab your free resources and start building wealth the right way!