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So, How Much Is Starbucks Costing You Each Year?

Drinking specialty coffee is an expensive habit for many people

Have you ever wondered how much your coffee habit is costing you?

Courtesy of software developer Hugh Chou, use the Coffee Calculator to calculate how much you pay for coffee each year, and how much money you forgo in savings because of it.

Did you know: If you buy a $1.87 grande drip coffee from Starbucks every working day instead of drinking free coffee in your office, you'll forfeit more than $6,000 over 10 years' time?

Compounding the problem? Very few of us take our coffee "plain".

If you prefer the grande, sugar-free vanilla, non-fat latte, well, you'd best check out the savings for yourself.

The next time you wonder where you'll find money for a downpayment on a new home, or pay for lawn care, or a car repair, begin the planning process by studying the dollars you spend on non-essential items.

Starting with specialty coffee.

Posted by John Caylor- Post Falls, ID Mortgages on 06/07/2007 07:05 AM

Comments (19)

coffee, starbucks, habits, saving money

This post has been included in California Information San Bernardino County, CA Information Victorville, CA Information
Post is included in group: Realtors®

19 Comments on So, How Much Is Starbucks Costing You Each Year?

Great slaes meeting tip!

Guys in my office are spending $2-3k per year!

06/07/2007 07:11 AM

by Paul Moye, Broker, ABR, GRI, e-PRO (Keller Williams Realty Franklin & Volunteer Trust Mortgage)

I just started making my own iced coffees and lattes using an on New Orleans recipe: It's phenomenal and it's pennies vs. the Starbucks alternative. Little things do add up over time.

Dan

06/07/2007 07:12 AM

by Dan Dowling - United Mortgage Capital Corp.

John, there's just something about the mocha at Starbucks...can't be duplicated!

06/07/2007 07:14 AM

by Options Realty

You just can't give up everything in life that you ENJOY :) Gotta have a morning caffiene!

06/07/2007 07:19 AM

by Judi Barrett (Integrity Real Estate Services)

COFFEE IS FOR CLOSERS... :)

06/07/2007 07:25 AM

by Don Carter (All Star Mortgage, LLC)

Not much, because I'm not a Starsbuck fan. I like coffee, just not theirs. Maybe that's why I don't have enough sales, I'm not hanging out in a Starbuck. Then it might be worth it . . .

06/07/2007 07:43 AM

by Cynthia Sloop, Realtor Indianapolis Real Estate (Carpenter Realtors (Lic. in Referral))

What a cute little calculator. Dan, you tease us with your New Orleans coffee, but don't share the recipe? That's not very neighborly :-)

06/07/2007 07:46 AM

by Gregory D. Maley - Metropolitan Washington, DC REALTOR (Coldwell Banker Residential Brokerage - Chevy Chase)

Funny post, I KNOW it is expensive. Suzee Orman used to rant about the price of Starbucks until she finally had one---it's the only thing I've ever heard her take back! I love the coffee there :)

06/07/2007 07:47 AM

by Carole Provenzale Owner, Feng Shui Long Island (Feng Shui Long Island)

LOL @ Don

How the heck are we gonna blog without our Mocha Madness? :)

06/07/2007 07:58 AM

by Suzanne Sands-Somerset, MA Real Estate (Century 21 Associates Realty)

Ive really tried to cut back lately, since now my allocated coffee money is now going into my gas tank. But sometimes though you just gotta have it!!

06/07/2007 08:02 AM

by Robert Walker (Remax)

Hi John, Luckily I haven't added Starbuck's to my addiction list. I have colleages with numbers approaching the $2,500 a year habit. I'm going to incorporate those amounts in to my counter-offers, that's serious mortgage money there. But really, you get "free" coffee at the office!

06/07/2007 08:03 AM

by Kevin J. May Naples, FL Southwest Florida Real Estate (Prudential Florida WCI Realty, Inc.)

Thank goodness I'm NOT a COFFEE DRINKER! I guess that saves me a few 'Bucks!

06/07/2007 08:15 AM

by Real Estate Specialist | Brandon, FL | Susie Roscoe (Signature Realty Associates)

I always say everyone has to have a $5 a day habit. Especially living in habitsville USA. Someone who just has a coffee habit here is a GOOD THING!

BTW, I make my own iced mocha latte from my home every morning. Starbucks makes me shake and gives my tummy gurgles!

06/07/2007 11:33 AM

by Renee Burrows - Las Vegas NV Real Estate (Nevada Realty Solutions)

This has got to be one of the best posts ever. Think of the savings benefit to young kids looking to purchase their first home.

06/10/2007 06:30 PM

by Kelly Kilpatrick, Broker-Associate (Gold Coast Realty)

I'm not a coffee drinker but there are a lot of people that are. I have heard of Realtors that are drawing a lot internet leads by offering Starbucks gift cards to those that register on their website with accurate information

06/10/2007 06:52 PM

by Huntsville Alabama Real Estate Agent, Kimberly Grant (Exit Leon Crawford Realty)

Although a new Starbucks in Baxter, MN is opening soon, I prefer Carribou Coffee or our Grab-A Java but none of them are free and since I have a home office it isn't free there either. It certainly does add up - now you could do one for the Mountain Dew drinkers

06/13/2007 11:07 AM

by Kathleen Lordbock (Re$ale Design) ~Minnesota Home Stager~ (Re$ale Design & Home Staging)

the beauty of starbucks is that i look at the menu and i don't have a clue as to what they are selling so i go somewhere else and get regular coffee and maybe even fill up my car with gas.

06/13/2007 11:10 AM

by Jay Beckingham (Allied Home Mortgage Capital Corp.)

I love coffee...the taste, the smell, the warmth....although I have to admit I do drink decafe otherwise I get the jjjjjitters. :) Sometimes I make it, sometime I buy it for I enjoy trying different kinds, its half the fun! It is painful though to see how much its costing me! OUCH.

06/14/2007 01:10 PM

by Therese VanderMeer - Realtor - Audu Real Estate (Audu Real Estate-3659 Alpine NW, Comstock PK , MI. 49321)

Isn't it crazy that we stand in line to spend lots of money for something we can't even pronounce?

Nonetheless, I send out Starbucks cards with a "Thanks a Latte" note to everyone who does a little extra to make things easier for the rest of us.

06/16/2007 07:19 PM

by Sharon Simms St Pete Florida CRS CIPS CLHMS (RE/MAX Metro)

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