I agree wholeheartedly. I expect much of her audience is carrying credit card debt at 25% -- if you can change your subconscious habits to save $1000/year you stand a much better chance of getting back above water.
Redo the calculations from a perspective of 20%+ interest, occasional late fees, the impact on your credit score & your mental health, and now skipping a latte makes a lot more sense.
If someone already took out student loans, car loans, credit card debt, etc, then cutting out the latte (or cable or nail salon or whatever) is something that’s totally in their control and allows them to stop the compound interest on their debt.
Of course they should try to find a better paying job, of course it sucks that it’s hard to get a better job, but latte is something you can do TODAY and doesn’t require a lot of effort.
Redo the calculations from a perspective of 20%+ interest, occasional late fees, the impact on your credit score & your mental health, and now skipping a latte makes a lot more sense.