Technology

The Smart Money Episode 1: Is the Latte Factor Fact or Fiction?

By Nest Wealth on 28/02/2017Podcast 2 Minute Read

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We’re told by saving the cost of a latte a day we can retire rich. It’s a great theory, but is it true? Or is the latte factor more like a fad diet. It might work in the short-term, but ultimately, it distracts our focus from the decisions that matter most.

Listen to episode 1 of our new podcast, The Smart Money.

I’m excited to share today that we’ve launched our podcast, The Smart Money. It’s a show dedicated to putting popular finance advice to the test, produced by the same people who brought you the original Dragon’s Den.

Each episode will tackle one widespread piece of financial advice and determine if it’s fact or fiction. It’s all part of our mission to save Canadians like you $1,000,000,000 in fees.

Episode 1: Is the Latte Factor Fact or Fiction?

We’re told by saving the cost of a latte a day we can retire rich. It’s a great theory, but is it true? Or is the latte factor more like a fad diet. It might work in the short-term, but ultimately, it distracts our focus from the decisions that matter most.

In our first episode, Randy Cass pulls apart latte factor, interviewing top financial journalists Jonathan Chevreau and Helaine Olen for their take on this popular debate.

So, fact or fiction? Listen to hear The Smart Money verdict.

Subscribe on iTunes, Google Play, or SoundCloud.