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

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