Does Buying Coffee Every Day Keep You Poor?

How much money you would save/earn if you stopped buying your everyday coffee

Nathan
8 min readDec 24, 2020
Photo by Suraj Mehta on Pexels

“Don’t talk to me until I’ve had my morning coffee,” people (annoyingly) say, as coffee has become an essential part of an everyday morning for many. Most likely, you yourself started the day with a nice cup of joe, but did you buy that coffee or make it at home?

Many American’s buy their coffee from the shop, but I like to make my coffee at home in my overly priced New York apartment. I rarely go out to buy a cup of coffee and if I do I usually get it from Starbucks. Starbucks to me is a luxury which I only reward myself once in a while. For me, their drinks are a little too expensive to enjoy regularly, but I still often find Starbucks suffocatingly busy every weekday morning. This makes me wonder if these are the same people who buy their coffee every day. How do they afford rent?

Mr. Wonderful’s Philosophy

Kevin O’Leary speaking into a microphone
Photo by Ontario Chamber of Commerce on Flickr

I’m not the only one who views buying coffee as an unneeded expense. Shark Tank investor, Kevin O’Leary famously said, “Never do I do that. That is such a waste of money for…

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