You go unnoticed but you're everywhere, you're in everyone and you make a difference in each person's life. That's the kind of freedom one deserves.

Home » Archives » 06. June 2006

Are your vices killing your finances?

June 6, 2006

quoted from http://moneycentral.msn.com 

Morning buzz: Let’s count the beans

OK, enough with the ear beating: We’re not about to argue that your morning self-defibrillation with Colombia’s legal cash crop is a bad thing. Indeed, according to the National Coffee Association, the average American consumes more than three cups of hot brown bean water daily. Heck, if it weren’t for coffee, even Bankrate.com might be little more than a blank screen!

“I don’t really see any health consequences down the road from a reasonable intake of caffeine,” admits Kava. “If you can afford Starbucks and that’s your favorite caffeinated choice, I don’t see any reason not to have one in the morning, although you might consider nonfat milk in place of whole.”

Ah, yes — if you can afford it. Cue the froth-maker please!

Bankrate average price for a Starbucks double tall latte: $4.

  • Daily double tall latte: $4
  • Weekly: $28
  • Monthly: $120
  • Annually: $1,460

You know what? When you consider the Wi-Fi access, the social and business contacts, the career advancement you can expect for all your buzzed-out hard work and the free chocolate-covered espresso bean that comes with it, that morning ‘Bucks bump is one luxury you can definitely afford. Enjoy!

Uhmm.. let’s see, here in the Philippines

1 tall latte: P110

3x a week: P330

Monthly: P1,320

Annually: P15,840

What?!? It’s already my tuition for 3 semesters, a grand Boracay getaway (ok, as of the moment, I won’t probably spend much money on vacations), a month’s rent and allowance for a decent condo in the city, a new model of cellphone, (thinking: damn!) —

I’ve wasted a lot of money. And to think it’s even not my money. And the young kids?!? As young as they are, they already know this kind of vice! (although healthwise it’s better than alcohol and cigarettes)

Ansama ko. See, I’ve actually known this ever since.  And I’m not even sure I can give up drinking over priced coffee.


Posted by kath at 8:21 pm | permalink | Add comment