By Eyebee, on February 9th, 2010
It struck me as amusing when I stopped by Starbucks just now.
Now, as many of you know, I work from home a lot, and when I’m out I tend to take a mug of coffee with me from home.
There are a few coffee shops around town that I’ll use, if I have some work to do, but Starbucks isn’t usually one of them, as they don’t have the free wi-fi that the others do, and being honest, I prefer the coffee in the local independents.
So, today was my first visit to a Starbucks in some months. Also I didn’t feel like coffee, I wanted a cup of tea.
As an Englishman I wanted it the English way. Hot, with a little milk. (I gave up sugar many years ago).
I’ve gotten used to the many variations on a cup of coffee over the years, although I almost always have regular coffee, with milk or cream. $4 meals in a mug don’t appeal to me very much. It shouldn’t have come as a surprise really to find the same goes for tea at Starbucks. Now, this is not a criticism; it’s good to have choice.
I just couldn’t help but smile to myself, because back in England, I could walk into just about any café and ask for a cup of tea, and get just what I want without any further questions. Of course, if I did ask for green tea, or Orange Pekoe in the local Greasy Spoon, I’d probably be given a blank puzzled look, or told they didn’t do that ‘fancy stuff’
Still, just for a moment, while I stood at the Starbucks counter, and looked at the choices, I remembered simpler times in a land far away.
By Eyebee, on November 11th, 2008
PC Maker Micron Files for Chapter 11
Circuit City Files for Chapter 11
Lenovo Profits take a nose-dive
AIG gets even more money from the Feds -another $152.5 Billion – but with changes.
Nortel cuts 1,300 jobs
DHL cuts 9,500 Jobs in the US
Fannie Mae reports record losses
Starbucks reports drop in profits
Meanwhile the Federal Reserve refuses to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.
By Eyebee, on May 29th, 2008
Now, if you’re a regular reader here at The Eye, you’ll know I love my morning coffee. However, I almost always make that coffee in my own kitchen, even on the days when I’m working away from home.
Unlike me, many people get their daily fix from the local coffee shop, and it’s costing them thousands. If you’re one of those people, then read on.
Here’s the math: someone spending $1.80 on a regular coffee every day (let alone the fancy cappuccinos) is handing over $468 for the luxury every year. When compound interest of 7% is taken into account, this would amount to a total of $8,648 over 10 years, $25,661 over 20 years and $59,127 over 30 years.
If a 35-year-old were to put all the money they spend on coffee into their pension fund instead, at 65 they would receive $3,843 more in their pension every year for the rest of their life.
Now, are you still going to Starbucks for another cup?
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