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By the author of What School Should Have Taught You and The Prepper’s Guide to Post-Disaster Communications.
Let’s say you have something of a coffee addiction. You find yourself reaching for more than just a morning cup of joe on a daily basis, and rising inflation has caused you to realize that you really need to cut back on your costs.
You aren’t willing to cut coffee out of your life completely (and honestly, you can’t cut it out at all), but you are looking for ways to spend less money on your daily habit that will allow you to still imbibe in your morning cuppa without breaking the bank. Here are a few of my thoughts that may just help you to save a bit of money.
You have to ditch the café.
Hands down, this is the first and most important step you will have to take if you are looking at cutting down on your daily coffee habit expense. As of this writing, the price of a medium black coffee at Starbucks is $2.65. Once you add in tax, you’re easily looking at close to $3.00 just for one drink.
If we assume that you hit up Starbucks five days a week for just one coffee per day, you’re easily looking at $53.00/month on your coffee habit. And that’s really a conservative estimate. Most of the people I know that go to the café on a regular basis aren’t going there to pick up plain, black coffee. They’re typically going to get a latte, mocha, americano, or some other type of drink that can easily cost upwards of $5.00/drink.
If you’re looking at spending around $100 a month on coffee and are looking at cutting back on expenses, I think the lesson here is plain: the café has to go. At least on a daily basis, that is.
The store-bought K-Cups have to go.
While a K-cup is most certainly cheaper than a drink from the café, I still think that these are very expensive means of having coffee on a daily basis. You’re easily looking at spending $1.50/K-cup when you go with this method. Most people that I know drink more than just one cup of coffee on a daily basis, so it really wouldn’t be uncommon for somebody to be drinking $4.50 worth of K-cups per day here.
On a monthly basis, that means you would be spending approximately $135.00 per month on K-cups if you’re drinking three per day and are buying the high-dollar K-cups.
That could easily be your electric bill right there.
It’s because of this that I quit using my Keurig. If you insist on continuing to use your Keurig, here are a few alternative ideas:
Check out your local grocery discount store. In my area, we have a place called Ollie’s, not far away. You can often find very inexpensive K-cups there. It will just about never be name brand, but the K-cups come in right around a dollar each, which can be significantly cheaper than what you’ll find at the grocery store.
Order online. Amazon has its own brand of K-cups. These work out to 38 cents per cup.
You can save a lot of money running a Keurig on a daily basis if you use the fill-your-own K-cups. These are little plastic containers that you put grounds into and can reuse. This is easily the most cost-efficient means of running a Keurig on a daily basis.
A canister of Folger’s coffee in Chicago runs right about $9.97 and holds 25.9 ounces. A refillable K-cup canister will hold around 0.4 ounces of coffee. This means you would be able to get about 65 cups of coffee out of that 25.9-ounce Folger’s canister. That, in turn, means each cup of coffee would cost you right about 15 cents.
That’s incredibly cheap and likely one of the cheapest ways to make coffee in your home that you’ll find.
Break out grandma’s drip coffee maker.
You’ll get about 16 full carafes of coffee out of a 25.9-ounce canister of Folger’s coffee if you have a five-cup carafe. There are 734 grams in 25.9 ounces, and you typically use 45 grams of coffee for a five-cup carafe. The new version of this is the , “pour over” coffee system which makes your java for about the same price.
This means that a $10 canister of coffee will net you 80 cups of coffee, meaning you would be paying around 12 cents per cup of coffee. That’s a pretty significant savings. You’d only be spending 36 cents/day (if you drink three cups/day) or almost $11/month on coffee that way. Of course, you have to add the price of filters to this, but this would add about 30 cents to the total cost per month, which is really rather negligible.
Are there other cheap coffee-making methods out there?
What are your thoughts on all this? Have you found another inexpensive means to make coffee at your own home? Definitely check out some of The Frugalite’s other articles on budget-friendly coffee here and here, too, if you’re looking for more advice in this department.
Let us know what you’re thinking in the comment section below!
Aden Tate is a regular contributor to TheOrganicPrepper.com and TheFrugalite.com. Aden runs a micro-farm where he raises dairy goats, a pig, honeybees, meat chickens, laying chickens, tomatoes, mushrooms, and greens. Aden has four published books, What School Should Have Taught You, The Faithful Prepper, An Arm and a Leg, The Prepper’s Guide to Post-Disaster Communications, and Zombie Choices. You can find his podcast The Last American on Preppers’ Broadcasting Network.