Have you ever wondered how much your coffee habit is costing you?
Courtesy of software developer Hugh Chou, use the Coffee Calculator to calculate how much you pay for coffee each year, and how much money you forgo in savings because of it.
Did you know: If you buy a $1.87 grande drip coffee from Starbucks every working day instead of drinking free coffee in your office, you’ll forfeit more than $6,000 over 10 years’ time?
Compounding the problem? Very few of us take our coffee “plain”.
If you prefer the grande, sugar-free vanilla, non-fat latte, well, you’d best check out the savings for yourself.
The next time you wonder where you’ll find money for a downpayment on a new home, or pay for lawn care, or a car repair, begin the planning process by studying the dollars you spend on non-essential items.
Starting with specialty coffee.