Tiny Tweak #3: Skip Starbucks, Get Rich
There’s a great article at Inquirer.net’s Money Smarts blog entitled “What latte can do to your finances.” Salve broke down the cost of buying coffee at Starbucks (or your favorite coffee hangout) and computes for us that our favorite pastime can cost us up to P43,200 a year! That’s money that could be invested in mutual funds instead of going down your throat.
Ever since I tied the knot, we’ve been preparing baon for my lunch. From spending around P200 or more a day in meals etc., I’m down to P15 (for parking) on good days, and around P100 max when going for merienda. (Of course, this doesn’t include dates). That’s money that we can put on savings or divert to buy things we really want.
March 26th, 2007 at 5:33 pm
hi tiny tweaks, way to go! down to P15 from P200? you deserve a big hep hep hurray. keep it up.
March 27th, 2007 at 3:24 pm
Thanks Salve
It’s been really fun as opposed to frustrating, to watch your money and see how you can spend it wisely. I’ll be checking out Money Smarts for more tips 