This blog contains some simple tips and advice from two regular guys. We're not accountants, financial advisors, or brokers, so follow, ignore, or discuss our ideas as you see fit.

Wednesday, March 19, 2008


Posted By Paul

I've never specifically talked about this but as I talk all the time about living a frugal life I feel like it's worth mentioning gourmet coffee specifically.

I hope I don't sound too preachy, but recently I've noticed a lot of people that are on a tight budget but get Starbuck's (or the equivalent) every single day.

I really like several of their drinks (I tend toward the ones that are warm and frothy and end with 'ucino'), but I choke every time I realize how much they cost.

So for me those fancy coffee drinks are like a beer or an ice cream cone. It's something I get after work with friends, or when I want to go out for a little treat. I can't believe people who get one of these big $5+ drinks EVERY DAY on the way to work. If you can afford it, then go for it, but I have actually heard people say that they need to cut back on their spending but their daily coffee drink was a necessity.

That to me is just crazy (and more than a little irresponsible). If you need a caffeine buzz (or just like a hot drink in the morning), well most workplaces have coffee for free, and even if the coffee is bad there's no reason you can't just make a cup at home in the morning and fill a travel mug.
Or even better, try to kick your caffeine addiction.

Folks who list Starbucks as a necessity when doing their budgeting are in conflict with the first rule of

My Financial Philosophy

That rule being: Never confuse "need" with "want."

1 comment:

Leah in Oregon said...

Good point, Paul.

I have a friend who was having a hard time paying her bills, yet was spending over $15 per DAY at Starbucks.

Not only can Starbucks empty your wallet, but many of their drinks are pushing the 800 calorie mark. Yikes!