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Coffee is a non-essential luxury? It's amusing to see an infographic about surviving minimum wage trending on a venture capital forum. We're all ramen profitabl
by jart 6y ago
Coffee is a non-essential luxury? It's amusing to see an infographic about surviving minimum wage trending on a venture capital forum. We're all ramen profitable and scrappy at heart. But what most americans waste in a year on non-essentials folks in the san francisco would call rent.
- ben_w 6y ago> Coffee is a non-essential luxury? Technically it is, though for most people the values involved are not an important issue even if they spend $10/day on fancy ones or the equivalent per year on owning and maintaining a fancy machine (and few people will do either). But yes, as with all optimisation, the main focus should be on the single biggest cost, which in SF is housing: when I briefly considered a career move to SF, the rent was so out of proportion to the rest of the world that “learn to fly and commute by Cessna from Davis” looked relatively sane.
- 908B64B197 6y ago> even if they spend $10/day on fancy ones or the equivalent per year on owning and maintaining a fancy machine (and few people will do either). Assuming the machine's lifespan is 5 years (and that's a very short time for an espresso machine) you are looking at 18K over 5 years at 10$/day. That's high traffic commercial espresso machine (La Marzocco) territory.
- ben_w 6y agoI’m aware; I chose this as a deliberately extreme example of why coffee expenses aren’t worth optimising.
- onecommentman 6y agoGiven the salvage value of the espresso machine after five years, you are in personal shared valet territory. (It’s Uber, but for baristas!)
- Dunedan 6y ago> Coffee is a non-essential luxury? The graphic doesn't state coffee as non-essential luxury, but spending $1,000/year on (buying) coffee. I find it pretty incredible how much money people spend nowadays on buying coffee, instead of brewing coffee themselves, like past generations did.