Over the next few weeks, please allow me to share on how to save and earn thousands of $$$ every year.
On this Money Monday, let’s talk coffee. Average coffee budget out there is $50/month. You know who you are, many of you spend way more than that. And I used to personally serve thousands of dollars in coffee back in my Caribou barista days, so I know what I’m talking about!
Don’t worry, I’m not going to say give it up! Coffee is a great way to bring friends together–in your home. (Or at the office, wherever you consider to be your home.) Simply make it yourself in the same time it takes to wait in line at your local coffee shop.
You will need…
1. Initial expense is your coffeemaker. My choice? Mr. Coffee Espresso/Cappuccino Maker Usually $44.99 however I was able to get mine on sale last year for about $28 http://www.mrcoffeestore.com/detail/COF+ECM20
2. My drink of choice is a standard latte with a gourmet twist. A co-worker at Caribou called it a “Cabana Shot.” Use a packet of raw sugar in the brew basket, add your grounds, and brew regularly. Steam your milk, grab your eco-friendly travel mug, and you’re out the door to conquer the world. Whatever your drink is, purchase the ingredients for a week instead of buying a single serving ready-made for the same price.
3. Tip yourself. Make yourself a tip jar, complete with sparkles and a picture of whatever motivates you. Remember $50/month average? $10 goes to your monthly grocery budget for ingredients, and every ‘Money Monday’ you get to tip yourself $10 for a weeks worth of barista services.
4. Do the math. Over a year’s time you will tip yourself $520. Don’t spend it all in one place! Better yet, apply it directly to a savings account and make Mama proud 🙂
“Smell the flowers and drink your coffee.”