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Re:If I stopped buying a coffee everyday I could buy so much... by greenyoda on Wednesday November 23, 2016 @11:03PM (#13027960)
"So I googled what I could buy for that. It turns out, I could buy a 2002 Mercedes Benz..."

So the author figured out that he could stop wasting a little bit of money on coffee every day, but then thought it might be a good idea to waste it all in one shot on a flashy car? Think of all the money he'd have left over if he got a 2002 Toyota Camry instead (assuming he needed a car in the first place).

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Re:If I stopped buying a coffee everyday I could buy so much... by JamieAtBud on Tuesday November 29, 2016 @05:08AM (#13062081)
Thankfully living in London buying a car would be more hassle than its worth.
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Re:If I stopped buying a coffee everyday I could buy so much... by SixSigma on Wednesday November 23, 2016 @09:10AM (#13022715)
Millennial discovers budgeting

Blog post at 11!!

I track all of my spending. I spend $0.088 per day on ground coffee, of which I drink 500ml every morning in the week and two extra on Weekend days.

That's over £2 per month !

Starbucks sells expensive boiled water.

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Re:If I stopped buying a coffee everyday I could buy so much... by JoeAltmaier on Wednesday November 23, 2016 @09:14AM (#13022748)
True. But they actually sell a service, right? We all pay for services and like it. In fact America has been called a 'service economy'. Software folk could be said to be selling electrons or something.
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Re:If I stopped buying a coffee everyday I could buy so much... by SixSigma on Wednesday November 23, 2016 @10:24AM (#13023212)
My point being more that reflecting on your outgoings and measuring their value to you is important.

And these insights give you benchmarks for your daily life.

I can compare the $20 for a single meal eating out against the $9 I otherwise spend per day on home cooked meals.

"Is this meal experience worth more than a whole day's regular food?"

"Do I get value from the $10 per day I spend on my car?"

"Is $400 per month for a leased car reasonable?"

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Re:If I stopped buying a coffee everyday I could buy so much... by JoeAltmaier on Wednesday November 23, 2016 @05:56PM (#13026473)
Great way to think of it! I was never a coffee-shop person until my Sister started one. Now I patronize her shop every day. But otherwise I wouldn't think of spending $5/day
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