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