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 giant soda containers from a convenience store every single day instead of just contributing to the office "coffee pot fund" (or drinking refreshing tap water!) 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 or a weekend vacation getaway every single year.

My default investment return is now a more typical 2%.

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: Do you really need to drink that much coffee?
Coffee Days per year Typical work year is 250 days
Years to Calculate That's a total of 20,000 hours worked!
Investment Yield: %

Yield must be between 0 and 50 % with default of 2.0%

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 16.25 812.50 1,641.25
3 1,641.25 32.83 812.50 2,486.57
4 2,486.57 49.73 812.50 3,348.81
5 3,348.81 66.98 812.50 4,228.28
6 4,228.28 84.57 812.50 5,125.35
7 5,125.35 102.51 812.50 6,040.36
8 6,040.36 120.81 812.50 6,973.66
9 6,973.66 139.47 812.50 7,925.64
10 7,925.64 158.51 812.50 8,896.65


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