Saturday 2 November 2013

Coffee Or A Motor Home?

Starbucks sells approximately 4,000,000 cups of coffee a day in the United States. Based on a 24-hour day that is an astounding 166,666 cups an hour. Or 2,778 cups a minute. Or if you really want to get specific it is 46 cups of coffee every second of every day.

The average price of a cup of  'standard' coffee at Starbucks is $2.50. Which calculates at $115 every second. Or $10,000,000 a day. Or for those really wanting to know $3,650,000,000 a year. Or for those that really have nothing better to do than look at zeros it is $36,500,000,000 over a decade. Yep, $36.5 Billion over a decade.

But what if you just care about your own coffee costs. Well for starters it is a 5-day week, which will weigh in at $12.50 per week. Now, if you have 4 weeks of vacation that means you are spending $600 a year on 240 coffees.

If you start work at 18 and carry on until you retire at 65 you have 47 years of work in you. If you have a coffee every day and the price never goes up (fat chance of that) you will spend $28,200 on coffee.

But that is just the morning coffee on the way to work. But what if you get a snack every lunch, and have an after-work drink at the end of each day?

The average fast food lunch is going to cost you $5.50 a day. $1320 a year. For your whole career you kiss goodbye to $62,040. And that much needed after-work drink is going to cost you (if you drink a beer) $4 a day. 47 years later you will have spent $45,120.

Add it all up and for your whole career you have spent $135,360.

Instead of being addicted to caffeine, a few pounds heavier, and wasting a couple of hours each week at Alcoholics Anonymous you could have purchased something to enjoy your retirement in:



And still had $18,000 for gas.

2 comments:

  1. Always a good idea to make some calculations for the future.

    Here is another one. If you'd quit smoking about half way through your working years, at age 41, you could buy a brand new little luxury car as an nice add-on for ultimate flexibility and have a whopping 23,392 $ left for the gasoline jar...

    http://www.autoguide.com/auto-news/wp-content/uploads//2011/01/vario-perfect-1150-sh.jpg

    Should you decide to continue smoking, no worries you'd still be able to make use of that ramp ... with your wheelchair.

    Just my 2 cents. You can throw them into that jar if you like : )


    (Calculation is based on the average US price for 20 cigarettes, 6.7 $, if one pack is smoked per day and on the base price for the 2014 MINI "John Cooper Works" Convertible)

    ReplyDelete
    Replies
    1. Or, and this is not recommended, smoke more and get a good life insurance policy. You may not be able to benefit from this one but I am sure family and loved ones will support the idea. Well, they did when I suggested it. :)

      Me, I'm going to continue smoking, and then when I hit 65 I'll sue the big tobacco companies. That way my smoking works out as a retirement saving plan. Also not recommended.

      Delete

Thank you for your comment. Please note that all comments are not moderated and as such are not the responsibility of this blog; or its author.