032: Money sucking habit

032: Money sucking habit

Wake up, grab a cup of coffee and head out the door. That’s the routine that about 80% of Americans rely on every day. But depending on how you’re getting your morning pick-me-up, you could be throwing your money down the drain.

On July 12th, coffee giant Starbucks has announced that it raised its prices by as much as 30 cents per cup. Now, that’s not going to kill your budget today, but in the long run, it might?

You might remember, that I hate wasting money at the same time I love coffee!!! I refuse to think that I have caffeine dependency, I think of it more of a habit, just like brushing teeth in the morning.

Here are my hacks to get my Pick-me-up in the morning:

  1. Brew your own coffee at home. I love my Mr. Coffee 8 cup drip! It cost $20 on Amazon. I also recently discovered Dunkin Donuts coffee (I used to hate it when I live in Maryland). I love it now and it cost 8.99 per pound and that last about 9 days. You can do the math!
  2. If you have to get your coffee on the go, use your own travel coffee mug and save a tree.
  3. Get a smaller size cup, cream and foam is not what gives your caffeine kick. Starbucks has these tiny cups call “short”.

I’d like to hear your hacks for caffeine fix in the morning.

 
Anna Sergunina
anna@adviceonly.net

I passionately believe that in order to live a life of fulfillment and joy, we must genuinely serve each other in any way possible. I found my mission in life to serve others via financial planning. Anna regularly writes about personal finance. Her work appears on Business Insider, Nasdaq, Nerdwallet, among others. Anna is the creator of Money Flow system.

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