I know it’s simple, but one way we save hundreds of dollars each year is by making coffee at home. You might feel like buying coffee really isn’t costing you much, but here’s what I wrote two years ago:
The Simple Dollar estimates that the cost of a 16-oz. brewed at home cup of coffee will cost you no more than $0.50 to $0.60 each, including the cost of energy, cream, sugar, etc. When I calculated it myself, I was coming up with the same costs for high-quality coffee. If you get a good deal on the coffee beans, your savings is going to be even higher.
So, if you’re typically paying $1.50 per cup of coffee, that’s a savings of around $1 per cup five times per week — or $20 per month or $240 per year. If you typically pay $4 for a fancy cup, you’re saving at least $17.50 per week, $70 per month, or $840 per year! Crazy, eh?
Not only does it save quite a bit of money, I also like coffee brewed at home the best. I can make my cup exactly like I like it. It’s almost like an art form to me!
We don’t really make fancy coffee all that often and we don’t even use sugar in our coffee any more around here, but we do love good cream. So we splurge on half and half every week. It costs us less than two cups of coffee at the coffee shop would cost us and it lasts us all week long — and it makes good coffee so much better!
Some Tried & True Recipe Links:
I was thinking about how much money we save by making coffee at home this week as I found myself brewing a delicious cup and pouring it into my favorite Copco cup before heading out the door.
And not only that, but it saves a lot of time waiting in line, too.
If you’ve been to a Starbucks any time recently, there’s a good chance you’ve waited in line for a least a few minutes, possibly much longer. Those orders of no-whip-two-pumps-extra-foam-double-cup-extra-hot-sugar-free orders take quite awhile to process. 😉
{Speaking of which, I was at the coffee shop recently and someone ordered some drink with a long string of names and instructions that included a specific temperature for the coffee to be. I was pretty aghast that that was allowed. I kind of just want to try ordering a coffee drink with instructions for it to be some random temperature — like 42.5 degrees or something — just to see what the barista says! 😉
For the record, I’m not at all opposed to buying the occasional cup of coffee, I just like it to be a fun treat, not an every day occurrence. Because once you add up how much it costs over time for “just that one cup of coffee”, it becomes a lot more motivating to learn how to brew your own cup of coffee!
What’s one way that YOU saved this week? I’d love to hear!
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Source: moneysavingmom.com