3 ms·
To be fair, 3 dollars on coffee 3 to 5 days a week is probably not eating in to your budget very much. But I guess we all focus on different things.
by tudelo 8y ago
To be fair, 3 dollars on coffee 3 to 5 days a week is probably not eating in to your budget very much. But I guess we all focus on different things.
- berbec 8y agoStarbucks is the giant profit machine it is because of the high percentage of customers who don't order a $3 coffee. Their lifeblood is the venti soy, extra whipped cream, Chai flavor shot, double expresso Frappuccino. The article specifically calls out the drop in this high-ticket-price items decline as worrisome.
- dingaling 8y ago$450 per year is a new phone, or a return flight to somewhere for a weekend break. Or a coffee machine. And that's just the lower end of potential outlay. When i was at school in the 80s one of the mandatory classes we loathed was Home Economics. However many of its lessons have been fundamental to my life since. One example being to consider the cumulative cost of small daily expenditures.
- tudelo 8y ago450 dollars. Is 450 dollars a lot of money to you? Yes, those are all other ways to spend 450 dollars. In my opinion, getting a coffee is a quality of life boost. It takes no effort, and it increases my productivity and happiness. We are talking about 450 dollars in a year. I spend much more money on my dog and she is much less of a guarantee of return on happiness... But, I do agree. Some people may not be able to afford 450 dollars of discretionary spending in a year. But they likely would just spend it on something else, and the yearly cost of coffee is definitely not near the cost of alcohol for anyone who drinks. It's really not something to worry about.