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My accountant told me to stop nickel-and-diming receipts, now I save $80 a month on coffee
After he pointed out that I was spending $4.20 every weekday on drive-thru coffee in Phoenix, I started making it at home with a $15 French press, and that one quote, 'you're not budgeting, you're just counting pennies,' made me look at my monthly subscriptions too, so has anyone else had a pro call out a blind spot like that?
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hollym1218d ago
Sounds nice in theory, but the math here is doing a lot of heavy lifting. $4.20 a weekday is maybe $84 a month, and you replaced it with beans, filters, and your own time, so the real savings are way smaller than the story makes it sound. A $15 French press only pays off if you never break it and never buy the good beans, which you will. The subscriptions thing is also a coin flip, because some of those are things you actually use and canceling them just means paying for them some other way later. The accountant telling you to stop counting pennies is basically the guy who charges you by the hour saying don't worry about small money, which is a little funny when you think about it. Blind spots cut both ways.
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