Latte factor
Sunday, March 23rd, 2008E and I are pretty regular supporters of the iTunes store — a song here, a music video there, and an episode of The West Wing in the evening. After inspecting our credit card statements, we’ve decided that spending cash on iTunes needs to be treated as our version of The Latte Factor.
The Latte Factor® is based on the simple idea that all you need to do to finish rich is to look at the small things you spend your money on every day and see whether you could redirect that spending to yourself. Putting aside as little as a few dollars a day for your future rather than spending it on little purchases such as lattes, fancy coffees, bottled water, fast food, cigarettes, magazines and so on, can really make a difference between accumulating wealth and living paycheck to paycheck.
This has all gotten us thinking about how to cut out, or at least reduce, iTunes from our lifestyle. The answer? YouTube:
- Music video on iTunes - $1.49.
- Music video on YouTube - $0.00.
All that is left is the ability for me to load it onto our iPods to take the music out into the world — I’m giving TubeSock a try. Hopefully it will pay for itself in 10-15 downloads.