Before I started to become aware that they way I was spending my money and going into debt was affecting my life, I went to Starbucks every day…EVERY DAY! I spent $4.32 every day on a Grande Caramel Macchiatto Extra Hot, Extra Foam. Doing the math, I realize now that I was making the equivilent of a small car payment every month on Starbucks. Check these numbers out:
- Daily - $ 4.32
- Weekly - $30.24
- Monthly - $131.04
- Yearly - $1,572.48
This is what I think about these numbers: there’s nothing wrong with having a vice like this. And if that is how I choose to spend my money, that’s fine. The only thing I think is this: just BE AWARE! Don’t stick your head in the sand and be stupid. Break the numbers down and take a good look at those numbers - and if you still feel okay about it, then go for it! Many people by wine or beer every single weekend and no one thinks anything about it because it looks like it is “grocery money”, but it is still an unnecessary vice…but that is okay! Just know what you are spending your money on - really break it down - and then decide if you still feel okay about it.
We all work hard and deserve some special things in life, so don’t feel guilty for the pleasures you grant yourself, but don’t let them hurt you either, or put you in financial distress.
Note: I still have my Starbucks once a week!
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