Comments by "SmallSpoonBrigade" (@SmallSpoonBrigade) on "Your Coffee Did Not Cost You Your Financial Future (Here's What Did)" video.

TBH, buying a series of funds to cover stocks and bonds for both foreign and domestic markets will get you most of the way there in terms of that aspect of your financial life. The problem is that a lot of the advice doesn't work very well for people who are living on the brink of disaster. For individuals that are truly living paycheck to paycheck that coffee is roughly 1/150 of the way to a decent starter emergency fund. I'm definitely not saying that people can't have their coffees, I just think that they should be aware of the fact that the money could be saved and provide a level of comfort that greatly exceeds the cups of coffee. Or, just spend some money on an aeropress for about $20 and a frother for between $20 and $80 and buy the milk and coffee yourself. It's nearly the same experience in terms of the coffee, but it comes with a financial hug as you get closer to a more sustainable financial life.
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One of the things that accountants learn is that you don't have to worry about things that aren't large enough to be material and aren't going to have an impact on the decisions that you make. If it's only a couple bucks you probably don't need to worry about it unless you're in an extremely tight financial situation or those charges add up to something significant.
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Or, you just buy the gear and make it yourself. A decent espresso machine isn't that expensive these days. A super automatic espresso machine that does absolutely everything except clean and load itself can be had for under $1k new. And if you don't mind foaming your own milk, which isn't really that hard, you can get one for a few hundred dollars. Which is a bit up front, but when a basic coffee shop coffee is upwards of $5 a cup, it doesn't take that long to pay for the machine and start saving. You can even go the route of simply buying a milk frother and an aeropress and get there in a matter of a few weeks of regular coffees without much reduction in taste over chain espresso drinks.
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The vast majority of people that are living "paycheck to paycheck" are doing so because of poor money management. If you've got the money to pay all the bills with any left over at the end of the month, it's a failure to manage the money you've got. That's not to say that it should be OK for businesses to pay as poorly as they do or that it's easy for individuals who have barely anything left over at the end of the month to break out of it, but it is possible with time and effort.
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I'd diversify. Clear Value Tax has a bunch of good information, but his ignorance over inflation is pretty embarrassing. He doesn't even know what hyperinflation is, but is sure that we have to worry about it. The only nations that have ever had hyperinflation were ones that weren't producing anything, weren't taxing anybody and were printing money in order to pay their bills. Not something that has anything in common with the US in the present.
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It's not supposed to be taken literally. The whole point of that is to highlight the decision to spend money on the present versus the future for things that can easily be avoided.
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It's not bad for your health. It's bad for your finances. But, if you're still able to cover your expenses and save sufficiently for the future, it's not much of an issue.
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It would be harder, but who even knows how to order drinks at Starbucks with all the crazy invented words they use.
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