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What Does a Cup of Coffee ACTUALLY Cost You?

It doesn’t surprise me that Starbucks has a stock valuation of over $21 Billion. They rake in the dough with people paying in the $5 range for a cup of coffee. Now I understand that you can get regular cup of coffee for only a couple dollars, however, that is not why most people go there. If you want some sort of specialty drink, that is what the BUCKS is known for.

But the real reason I decided to write about this isn’t about the price you pay for coffee, it is the opportunity cost of making that purchase. Let’s say you spend $4 a day, 5 days a week for coffee. That is $80 a month. If you were to invest $80 a month for 50 years at a 11% annual return, you would have $133,387.69. Foldger’s is sounding real good right about now. 

The reality is that there is an opportunity cost to everything we buy. This basically means that there are other alternative uses of the money we are using to buy a given item. We need to ask ourselves, “What is this purchase actually costing me; what is a better alternative use for this money?” 

So maybe you don’t drink coffee at all. Maybe you are reading this and saying “this doesn’t apply to me.” Everybody has an Achilles Heel. Here are some common ones: pizza, soda, restaurants, clothes, gadgets, fast food, > Insert Yours Here <.

Let’s show the world that we don’t want to be people that have nothing to show for our life of consumption. Let’s weigh the TRUE cost of what we buy and make wise choices in how we use the money God has entrusted to us.