Thursday, October 25, 2007

Filed Under Simple Living

Cutting Out Coffee

Okay, I am not quite cutting out coffee, but I am cutting out purchasing coffee from the Bagel Shop next door. Every morning, I stop by and grab a cup of coffee there. I decided to save the Styrofoam and make my own coffee instead.

I figured out that cutting out one 16oz cup of coffee per 5 day work week saves you a whopping $438.20 per year. I bet many of you are drinking more than one cup a day. Thats almost $1000 per year. For someone making $50,000, that equals 2% of your yearly salary. Can you believe that!? 2 PERCENT in coffee.

For you scientists out there, check my calculations yourself.

(Cost of one 16oz coffee per workdays
$2/day) X (5 workdays) X (52 weeks) = $520 per year

Cost of Coffee at Home
One pound of coffee makes 600oz of brewed coffee or 37.5 - 16oz cups per pound

Ground Starbucks from the grocery store costs about $12 per pound.
($12 per pound) divided by 37.5 = $0.32 per cup
($0.32/day) X (5 workdays) X (52 weeks) = $83.20 per year

Grand Total: $438.20 per year

Its interesting how expenses can add up everyday like doing 150 pushups for a year adds up to 52,000. David Bach"s Latte Factor in action.

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