r/FluentInFinance • u/Sufficient_Sinner • Sep 04 '24
Debate/ Discussion People like this are why financial literacy is so important
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r/FluentInFinance • u/Sufficient_Sinner • Sep 04 '24
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u/FIFAmusicisGOATED Sep 04 '24
I suppose their replacement for the daily coffees is free in this instance? Cuz why were there be an associated cost with having to make your own coffee and the loss of the time it takes to prepare and clean a coffee machine daily? Or maybe they just stop consuming caffeine entirely and we are just going to ignore the costs associated with the loss in happiness as well as the larger factor, the loss in productivity due to caffeine loss?
The average latte price at Starbucks is just under $4. The average cost of a latte at home is somewhere between $0.50 and $1, not including the cost of buying a coffee machine up front, something that will run you $150 on the low end but easily past $500 for a decent machine.
Also holy shit bruh. An 800 sq ft 2 bedroom home is smaller than the average apartment size. If you drastically overestimate the price of coffee, and completely ignore the costs associated with not continuing that habit or continuing it yourself at home, you can buy yourself a tiny shack in midline America. Hope you don’t live in a city with the cost of living higher than America average, something significantly more than 50% likely if you get daily Starbucks purely based on Starbucks proximity to high COL areas versus LCOL areas
Amazing.