A Penny Saved... The Morning Latte
By Fisher Swanson
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Do you purchase a latte everyday on your way to work? Ordering a latte every weekday adds up to $650 over the course of a year. If you are looking for ways to save and cut corners in your budget, cutting out the daily latte by either making your own or ordering a cheaper beverage could amount to significant savings over the course of the year. Use The Frugalator on the right to determine how much you could save each year by changing morning beverages.
Some Cheaper Alternatives!
- Buy Drip Coffee... $1.00
- Make Your Own Latte... $.75 (Price using quality coffee, organic milk and flavoring syrup. Does not include price of Espresso maker.)
- Make Your Own Drip Coffee... $.25 (Price using quality coffee. Does not include buying your own coffee maker.)
Saving Money on Equipment
- The best place to buy rarely used espresso machines is garage sales.
- Shop around, you can find a quality coffee maker, new, for less than $30. If buy one used, check inside the tank for mineral deposits and run a mixture of 1/4 vinegar and 3/4 water throught to remove any deposits.
Save Money on Coffee
Coffee prices fluctuate as the price of coffee beans go up and down. For big savings on coffee, consider roasting your own in a hot air popcorn popper. It's surprisingly easy to roast your own, just be sure to do it outside. Susan (from ThriftyFun) and her son even wrote a book about!
We are creatures of habit, especially in the morning, change your habits and the savings will come easy.
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