Coffee in the morning has been the universal truth for most people. Wake up then drink coffee, or drink coffee and then wake up? Regardless, coffee has become the daily routine for most Americans but an expensive one. The average American spends about 92 dollars a month on coffee which adds up to 1,100 dollars a year! It’s easy to justify a 4 dollar latte a day, but harder to rationalize a thousand dollars a year for coffee.
Here are some easy ways to save and cut back on coffee:
Make it Yourself
Making your own coffee can save you hundreds. The average latte costs about 4 to 5 dollars while brewing your own coffee is around 16 to 18 cents. Investing in your own coffee maker can make a big difference in your wallet at the end of the year.
Create Your Own Coffee Shop
Don’t like regular coffee? Missing your mocha latte or chai tea? You can still have it! Recreating your favorite drinks is easier than you think. Finding similar coffee recipes online can help you satisfy your craving for your speciality drinks.
Have a Coffee Budget
Cutting back on coffee doesn’t mean you have to give up your favorite coffee shop. Keeping track of how much money you spend on coffee by having a budget can help you not overspend on coffee.
You could always create a Savings goal in Qoins to automatically save your spare change and fund your coffee habits!