Stop Buying Expensive Coffee and Save Money Calculator


Here is a popular calculator suggested by Erika Lim from Caffeine Central (Seattle, WA). I, too, have been amazed by folks who bring in coffee from a Starbucks or convenience store every single day instead of just contributing to the local "coffee pot fund". I know office coffee may not stack up to the store bought versions, but is it really worth the long term costs? Many folks drink the equivalent of a wide screen TV every year!

My default investment return is now a reasonable 4%.

Have fun!

Store bought Coffee Price per Cup: $ (Add tax, and any regular daily snacks too!)
Self-Brewed or "Office" Coffee Price per Cup: $ (Enter 0 for drinking delicious tap water)
Cups Per Day:
Coffee Days per year Typical work year is 250 days
Years to Calculate
Investment Yield: %

Yield must be between 0 and 50 % with default of 4.0%

Store bought coffee costs you $ 875.00 every year, wow!

YearStarting
Balance
EarningsSavings Ending
Balance
1 0.00 0.00 812.50 812.50
2 812.50 32.50 812.50 1,657.50
3 1,657.50 66.30 812.50 2,536.30
4 2,536.30 101.45 812.50 3,450.25
5 3,450.25 138.01 812.50 4,400.76
6 4,400.76 176.03 812.50 5,389.29
7 5,389.29 215.57 812.50 6,417.36
8 6,417.36 256.69 812.50 7,486.56
9 7,486.56 299.46 812.50 8,598.52
10 8,598.52 343.94 812.50 9,754.96


See all Hugh's Calculators