Stewart’s 📍

It seems like in the personal finance guru world there are two schools of thought:

• A five dollar cup of coffee bought every week day adds up over a year and decades, money that could be better allocated towards saving and investing. In addition, it gets you in the habit of spending money that you don’t need to spend.
• A five dollar cup of coffee doesn’t matter much, a $1,300 yearly purchase is pretty inconsequential and it gives you an allowance while focusing on cutting bigger costs.

I’m more inclined to agree with the former. But I don’t get much joy out of drinking coffee. I do drink a cup with breakfast but I’ve been trying to cut back and reuse grounds and reheat coffee whenever possible with higher coffee prices.

I guess if coffee really gives you pleasure but for me it’s more of just a drug, a crutch in the morning one that I could probably live without. But the thing is it’s not hard to make myself, I can compost the grounds and I reuse my mug and I have used the same camp stove top percolator for years.

I agree spend money on things you care about, but paper cups soon discarded and a hot cup of Joe isn’t on that list for me. And getting into the habit of being frugal on little things can add up and teach lessons on being frugal for the bigger things.