There’s this cliché out there that if younger generations would just stop drinking lattes and eating avocado toast, they could put that money towards retirement and turn out just fine. It’s a sloppy judgmental blanket statement. But there’s a nugget of truth in there, and this is how that nugget looks in our situation.
We live very close to a Starbucks, and for years, I’ve gotten up in the morning, fed the cats, and then popped over to ‘bucks for a couple coffees for me and my husband. Not lattes, nothing fancy, just 2 Grande blonde roasts with milk. But that’s not insignificant over time, especially as the cost of coffee has risen post-COVID.
In fact, it’s a little over $5/day. EVERY day, of course, not just weekdays. And on the weekends? Sometimes we’ll spring for a little afternoon pick me up, and swing by there a second time for a tall coffee, or maybe this time it is a latte.
And then some Sundays, when we feel like really treating ourselves, we’ll go to Pressed Cafe instead and spend about $12 on a couple lattes (Pistachio for him, Lavender for me, and they are so SO good).
Weyelll, the math isn’t great on this, and we know it. We’re talking at good couple hundred dollars a month. Plus there’s that iterative price of gas I’m spending on these little coffee runs. And honestly, of late, the Starbucks hasn’t tasted all that good. It’s been somewhat inconsistent, and watery at times, or burnt at times.
So in March, we decided to go back to our French Press I bought to make really good Irish Coffees on a whim like 10 years ago. We’re buying our own whole beans and grinding them (thank goodness I held onto the burr grinder) to make exactly 2 fresh cups of coffee in the morning. So many upsides to this approach. First, we’re saving money, obviously. $10-15 in beans lasts a couple weeks for us. And not filling our trash with empty coffee cups. And the coffee grounds can go into the compost. And I think the coffee is actually better.
So , while I’m not a fan of the “latte factor” argument, I can’t deny that we’ve increased our savings by a solid $200/month by making this change, and have not deprived ourselves of morning coffee in the process.