It might be cliché to call out the high cost of coffee, but it’s an expense so many of us incur daily that doesn’t need to have any meaningful impact on our budgets.
Assuming you pay $4.50 per day for a coffee shop coffee, you’ll spend $1,170 a year for five cups weekly. Meanwhile, coffee brewed at home costs about $0.60 per serving (and that’s on the high end), or $156 a year for the same volume.
Want fancier coffee? Invest $15 in a milk frother and make lattes at home. Not god enough? Invest $400 for a barista-level espresso maker – you’ll still be hundreds ahead of the game.