Can I buy that coffee every day? Buying coffee out has often been touted as ‘frivolous spending’ or ‘irresponsible indulgence’, but personal finance is personal and if that cup of steaming hot coffee brings you joy and if you plan for it, Yes, you can buy that coffee every morning!
Grabbing that cup each morning can bring joy, convenience and even some health benefits.
Factors to consider:
Enjoyment:
Do you truly enjoy the taste and experience of buying that specific coffee?
Cost:
How much does the coffee cost, and how does that impact your budget?
Time:
Is it a convenient way to start your day, or does it add extra time to your morning routine?
Health:
Be mindful of caffeine intake and any potential health effects from regular coffee consumption.
Final Thoughts: Consider the long-term: Evaluate whether daily coffee purchases align with your financial goals and overall lifestyle. In the words of Paula Pant, podcaster, “You can afford anything, just not everything”.
