Lifetime Coffee Spend
J Thoendell stashed this in Personal Finance
Assuming an annual interest rate of 2.1%, and you buy a daily coffee on every workday from when you start work at 18, until retirement at 65 (47 working years), instead of coffee you could have saved over fifty thousand dollars!
(With a coffee costing $2.45 per drink)
If you consume a coffee on the weekends too, this saving increases to just over $70,500!
Using the tool below, you can experiment with the effect of adjusting the various parameters.
Well, now we know what a lifetime supply of coffee is worth.
The question remains as to whether all that coffee makes us more productive and is therefore worth it.
Can't coffee just make us happy?
Yes. And now we know how much happiness costs.