01/17/2008 (By Larissa Walkiw)

Want to save money? Stop drinking coffee!

Has anyone else noticed that when it comes to saving money, the number one quick tip is always to cut out the Starbucks?

It makes sense – bypassing a $6 can of Folgers for a $6 ‘tall’ non-fat latte tends to undermine your saving goals (especially when you learn that as a regular patron, you’re dropping over $1,000 a year on coffee).

Although I can admit that Starbucks has become the archetype for unnecessary purchases, I can also understand how important specialty beverages can be. There have been occasions where the perfect English Breakfast Tea has truly rescued my day.

If you’re looking to save some money (but aren’t willing to completely give up the joy of fancy morning refreshments), you do have options.

You could buy Starbucks coffee to brew yourself, for instance. Sure, it’s considerably more expensive than generic coffee brands, but it’s still cheaper than getting your caffeine fix at the drive-thru.

Or have a good browse through the supermarket. Last time I went, I was surprised to see such a huge selection of teas, coffees, and “accessories” (cappuccino kits, flavored creamers, etc). You could undoubtedly create a new favourite beverage on your own (and by spending less).

Then again, once you get a Young & Free account, you could use the money you would have otherwise been spending on transaction fees to supplement your coffee allowance. It’s totally up to you.

Larissa

Comments

1) Cheryl - 01/17/2008

but....but....I love Starbucks! and lamp... but mostly starbucks

I believe the true moral of the story here is that in order to have both (financial responsibility and a well nurtured coffee addiction) one must become a spokesperson for Starbucks and be paid to be seen in constant consumption of their products....

2) Larissa - 01/17/2008

http://www.youngfreealberta.com

(And lamp? Is that an Anchorman allusion?)

I like the Starbucks spokesperson idea, although I don't think they'd ever bother going through with it; too many people are seen in constant consumption of their products without being paid!

3) cher - 01/17/2008

I didn't drink coffee from age 25 to 35 because I thought I was allergic until I realized it wasn't the coffee but the milk I put in it.DUH

But I never went back to it. Too much trouble, money and too trendy. I'm such a rebel

4) cheryl - 01/17/2008

(yes that is an Anchorman allusion. one of my more favorite quotes)

good point.

5) K - 01/21/2008

Fun fact:

To enjoy a Starbucks in London, England is $8 a pop! YIKES!

6) JASON - 02/13/2008

i like your blog. and i like starbucks. not sure i'm willing to give it up, though.