Part 1: Find Your Latte Factor®
Now that you know how much debt you have, you need to find out where your money is going! David Bach's Latte Factor® is a simple concept that can help you get out of debt. If you put just $10 a day towards your debt rather than spending it on fancy cups of coffee, cigarettes, bottled water or fast food, in one year you could put $3600 towards your debt!

Every day, you may be needlessly spending money on little things that you could be using to pay down your debt. Take David Bach's Latte Factor® Challenge form with you everywhere you go tomorrow and write down every penny you spend.

Print the Latte Factor® Challenge form PDF   

Use this calculator to determine your Latte Factor®

You will need the free Adobe Acrobat Reader to view the contract. Download it here.

Step 3: Learn to play the credit card game 

Get all of Oprah's Debt Diet advice
Please note: This is general information and is not intended to be legal advice. You should consult with your own financial advisor before making any major financial decisions, including investments or changes to your portfolio, and a qualified legal professional before executing any legal documents or taking any legal action. Harpo Productions, Inc., OWN: Oprah Winfrey Network, Discovery Communications LLC and their affiliated companies and entities are not responsible for any losses, damages or claims that may result from your financial or legal decisions.


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