🌹WineDown Wednesdays w/ Yours Truly🌹

Hey hey hey welcome to Wednesday!!! How is your week going? We are fully in the swing of summer break and college tours in our local area. My girls took last week to fully break and not do anything but lounge around, and this week they are back in action at full throttle.

The youngest has started volleyball camp and is loving it, along with still swimming. My middle daughter had us in Cincinnati earlier this week checking out UC, and I must say I was quite impressed with the school. For her, it quickly moved up in her school rankings, but we still have plenty more to tour over these next couple of months.

She also crossed quite a milestone this week; she is an official state-licensed driver, and I am still trying to wrap my mind around how much she is growing up! I mean, seriously, where is my baby, and how did we get here so fast.......trust me when you say, you're going to hear me say this over and over and over again this entire senior year of high school because I am in true disbelief.

I finally started a "new" book, and I put new in quotes because I am still in the middle of 4 other books, but they are much thicker and have quite the waiting line in Libby......so I am STILL waiting for those books to be available to me. I am currently reading The Automatic Millionaire, and I know the title makes it seem like some sort of get-rich-quick scheme, but it is not. I am not far in the book, but one of the first action steps of becoming an automatic millionaire is to: pay yourself first.

Simple enough, right, but how many of us actually do it? I am sure a lot of us put money into our savings account, BUT with the book's definition of paying yourself first, you should be consistently paying yourself 10% of your paycheck EVERY SINGLE TIME! I know at first glance this sounds impossible, but then the author broke down one "easy" way to help achieve this. He calls it the "Latte Factor".

Now, according to the latte factor theory, IF instead of buying that sometimes daily latte (or whatever drink, meal, lottery ticket, etc), you put that money into your investment fund, and this investment fund is giving you at minimum a 10% return yearly.......after 40 years, you would be a millionaire.......now let that sink in. 🤯🤯🤯 Needless to say, I will be looking at buying drinks a little bit more differently and will be heavily side-eyeing my girls with their drink purchases. I know I get on their nerves telling them to invest their money, and my middle daughter already HATES I make her put some money into stocks when she gets her paychecks, but after reading about the latte factor.....I am 100% ok with her being upset with me, when she is my age, she will be thanking me and letting me know......I was right. 😎

Kendall-Jackson

Vintner's Reserve Pinot Gris