Saving your Coffee $$$ is Useless

We have all heard the wisdom of saving money. Now let us dialogue on this most fascinating and compelling economic and social-influencer inquisition.

Maybe it is just me, but I have not heard a statistical significance from Ph.D. in Economics or DBA’s say to save money on coffee. This a normal human drink. It is a DRINK (side note: for those who would say “there are some who are too poor for coffee” — I say, “join us in the nonprofit world, not your marketing, sales, or business world. You chose the for-profit world for a reason — money”).

It is not normal to hear “save money on a normal daily purchase”. It is normal to hear “for a home of $200,000 value, save $25,000 or even a quarter of the home value at $50,000”.

It seems as though most just may need a better job. Saving your coffee money, let’s say $8/day for each of the 5 week days is equivalent to $1/hr, which is equal to $2,000/year!!! So, no coffee for you for the next 15 years!

So anyways, what we are talking about is any normal human purchase, not just coffee. This could be a soda, candy bar, or salad. This is anything that you buy to keep you focused on work or at work. Notice I did not say “soda, candy, and salad”, obviously there is moderation because everything does add up. So you buy one local coffee shop coffee as you go into work because you feel more secure with it to tackle the first hour of work stress. Then another 4 free cups from your office coffee pot. Do you know how much your office spends on coffee a year?

So, why would success coaches care about your individual yearly purchase in reference you saving ALL this money to get $6,000 in your savings account? Not that you will not spend it anyways — on like an engagement ring.

Lunch is my thing. I try to have lunch every day. Millions of Americans don’t have lunch, they have lunch — wait, what? Yeah, it does not matter what you have for lunch, that is not the point, the point is money. My lunch is about $1/day, $1.20 if you include my drink (homemade salad and drink or PB&J sandwich). If I make $14/hour and buy 2.5 coffees a week and each lunch averages $1.20 and the average office worker makes $18/hr, your average union member makes $20/hr, and corporate officer makes $24/hr — and I’m not crying about my coffee, I’m worried about paying for my next logo animation at $500. Coffee — shoot! I spend between $280–$320 a year on coffee-type purchases. OoOoOoOoOo, that’ll get me my logo animation in 1.5 years!!!! Most other business owners scoff at that. They get $1,000 in 3 months while buying coffee everyday, not 2.5 times a week like me.

If you need to save $400 a year on coffee, you need another job! Drink your dang coffee and find a better job. Saving $500 a year will not help you one bit in saving for a home. You need to be saving $200 a month for a home. Unless you want to be hearing your neighbor beating his family just 2 feet away, then you need to save $20 bucks a month for your down payment. In that case, you need to just stop eating, maybe you’ll be able to get your family a home. Then they lose their home when you die of starvation or covid takes your job the month after you get a pay raise.

You see?

You need a home. You need time to decompress. You need to find a great spouse. F-saving your $400 a year on coffee in the dream of saving $10,000 for nothing. Buying a home, save $25,000 at least. Now people who are poor could save $10,000 at the cost of their humanity. Is that what you want them to do? Most poor people struggle to merely find a trade or a skill. Why don’t you save your coffee money to buy a poor person private education for their child or buy them a certification? Saving your coffee money will not even help them.

What will happen is when someone listens to this ridiculous scheme and saves their money of a normal purchase because they are that poor, a medical bill will pop up before they get to these coaches advice of “saving $10,000 will give you a better life” and BOOM, their $700 saved is gone! OR, or, or, they get the home! Yay!! Then the breadwinner dies and they sell the home.

The same people who might say “save your coffee money” are the same people who have an assistant, personal trainer, dog groomer, been making double car payments, never had less money in savings than basic house needs per year, a therapist, a life coach, 2.5 vacations a year, six-figure job opportunities, work 30 actual-hour weeks, and are the people that say to people who spend $200 on Christmas “You should be taking your family on memorial trips” like them, that cost $500 with their child having a photo with the King of France and a future internship — when the poor child cannot even spell “internship”. I know, I know, they actually say “$100 trips”, but those poor families work on holidays… so they are telling these people to give up pay also.

That is sad of a “success coach” to say to a family.

That is not feasible. They need a new job. They might need a new skill set. However, success coaches will not get their social media following by actually helping build skills. Then once they had their fill, they will move on to another scheme — how’s the saying go, “take their money and run?”

Next. The dreaded “buy cheap coffee” advice. You can do your research, start here: https://www.javapresse.com/blogs/buying-coffee/how-much-pay-for-coffee-beans. Buying cheap coffee makes the farm hands get paid less!

Yay!! Woohoo! Way to go. Tell them farmers, too, to save their coffee money. In a thriving society, we need to understand that everyone relies on others.

Even if you buy your own coffee bags and a coffee pot every year or every two years you are saving only $200 — $800 a year, depending of if you spend $1,000 a year on coffee. If spending a $1,000 a year on coffee is too much this year, but you managed to pay it, and is too much 6 years from now, that means you did not get promoted.

You should have pay increase throughout your life. Saving coffee money at an entry level position makes sense, sure, like in college. If you get laid off, that is understandable and you adjust what you can buy responsibly, but that is still another discussion completely, because you did not lose a job that fed your $10,000 a year coffee addiction due to coffee and then magically lost your master’s degree and experience and ended up getting paid $20,000 a year — or at least not a statistical amount of people. You probably were in a car wreck, depression, health issues, or divorce. Can’t blame coffee.

I n conclusion, if you need to save $1,000 a year on coffee, you actually need a new job because $1/hr is $2,000/yr (eh, before taxes). Coffee is a normal purchase. But, your credit card interest is not a normal purchase. I bet if you saved your candy money and your credit card interest you would be saving $800 a year on $400 a year purchases. Get ahead of your debt. That is where success starts.

Saving money on not owing anyone = wealth

Get Ahead. Then save your profit, not lose your humanity. Losing humanity and normalcy can lead to depression.

Thank for reading! Thank you for positive comments!! Thank you for sharing!!!