- realeconomicimpact posted this
Real Economic Impact is the mission of National Disability Institute, a nonprofit organization focused on creating a better financial future for Americans with disabilities.
Try making your own coffee for a week and tallying up what you save. You may never go to that coffee shop again!
Last year, I tried an experiment where I gave up expensive Starbucks coffee and tried making my own every day. Talk about savings! I went from spending over $20 a week at Starbucks to spending $7.50 - and that was with Starbucks’ Instant Coffee - the savings would be even greater if I made coffee the old fashioned way.
I decided to run this MoneyMondays tip again because, unfortunately, I’ve been spending too much at Starbucks again and needed to kick my frugal self in gear, especially with it being the holidays. That coffee money could go to much better use as a gift or two.
So here’s my old post. I hope it inspires you (and me!) to save a few bucks.
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I really should buy stock in Starbucks. I go pretty much every day. That’s not very smart, budget-wise, but it’s just so good! I love iced coffee more than just about anything in the world!
Last week I went to my local Starbucks and picked up a pack of their new VIA - instant iced coffee mix. Much to my surprise I really liked it. For 6 dollars I got 5 packs of VIA, which makes 5 16oz drinks. I spent $1.50 on a small carton of milk and everyday this week I have had iced coffee that I prepared at the office.
So let’s compare:
That’s a savings of $12.50 each week and if I stick with it, at the end of the month I’ll have saved over 40 bucks!
You should try it too, if not the Starbucks instant way (which is pretty good for instant coffee, I must say) then buy a pound of your favorite coffee and brew it yourself. Let me know how much you saved - reply to this post or tweet it using the tag #NDIMM.
- - - - - - “MoneyMondays” is a text message campaign powered by Infield Health. Sign up to get tips like these to your phone every Monday! Text REITMM to 69302. Remember, standard text messaging rates apply.
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“MoneyMondays” is a text message campaign powered by Infield Health. Sign up to get tips like these to your phone every Monday! Text REITMM to 69302. Remember, standard text messaging rates apply.