top of page
Search
  • Eat, Play, Win Inc.

Let's Just talk about Money- Budgeting your daily Cup of Joe

We love our morning cup of Joe! We not only love it, we are dependent upon it. We crave it! We are able to order any type of coffee from a regular Drip with milk and sugar to ordering a Flat white (an espresso-based coffee drink accompanied with steamed milk and microfoam). The flavors and styles are endless, tempting and, not to mention, oh so satisfying. So what can be wrong with something that is so satisfying? The cost! The price of that daily indulgence is an issue, especially when you are on a budget. Let me explain by doing the math (I really love doing the math y’all)


A cup of a classic drip coffee can run anywhere from $3 to $4. If you are a coffee aficionado, ordering a red eye, an affogato or an item from Starbucks “secret menu” may be your favorable java choice. These more specialized coffee choices will run you anywhere from $5 to $7 a cup. Consumers purchase coffee a minimum of 5 days a week and by using the median beverage cost of $5, this equals $25 per week. This equates to, on average, a $1200 annual java budget.


But you need your caffeine fix so what other options are there? Invest in your own coffee machine. Boom!! I just answered your question but I am sure that answer isn’t persuasive enough. Here are a few examples of the best rated coffeemakers that are priced from $38 to $100.



The awesome part of making your own coffee is you can experiment with a variety of seasonal blends, sweeteners and flavored creamers (this means pumpkin flavored tea and coffee year round. YAY!). You can even get your favorite brands in the grocery stores such as Peets Coffee, Starbucks and McDonalds. Almost anything that you are accustomed to requesting in your coffee can be purchased and now YOU can control how it is made. You want extra whip then go on and add your extra whip!!


The final touch to making your own coffee on the go is the perfect travel mug. Choosing a mug is totally up to your preference. I personally like travel mugs with no handle and double insulated because I am in my car often and I need my coffee to remain piping hot, for as long as possible. Travel mugs range from $5 to $28. Here are a few highly rated travel mugs on the market right now.



Your overall investment in making your own coffee is approximately $100 - $150. If we circle back to the annual $1200 java budget, from the beginning of this article, I would say this is a HUGE savings. Now you can think of new ways to invest what you have saved by making your own daily Cup of Joe.







Written by Kimberly John-Burns
Founder of Common Stake Group
19 views0 comments

Recent Posts

See All

Comments


Eat Play Win! Day

EAT PLAY WIN INC. Is a 501c3 Non-profit dedicated to building bridges in communities through fitness and wellness.

Get Monthly Updates

Thanks for submitting!

bottom of page