David Bach popularized the term “Latte Factor”. It symbolizes the high cost of spending money on small things over time.

We all have our Latte Factor – what’s yours? Mine is ice cream, but I’m still going to eat it.

Figuring out your Latte Factor isn’t about depriving yourself of all of life’s pleasures. It’s about seeing what it’s costing you and determining if spending $50,000 on pizza over your lifetime is more important than a $50,000 six month trip around the world.

Try this calculator and find out what investing a little can do for you.