52-Week Savings Challenge No. 3: Skip Starbucks and Brew at Home

Posted in Savings Account • May 22, 2014

skip Starbucks

This is week three of the 52-week savings challenge series. Last week, GOBankingRates showed you how to save $2 by skipping an On Demand movie and renting a Redbox blockbuster instead.
52-week-savings challenge

So far, saving money has been easy going, but breaking your morning coffee routine is a habit that can be hard to lose. Fortunately, you’ll only have to forgo your gourmet coffee addiction for just one week (or even just one day, if you indulge in a Starbucks coffee daily).

How to Save $3 on Coffee

A new 2014 Zagat survey said coffee aficionados spend $3.05, on average, for a cup of store-bought coffee (or more for barista-made drinks). To save $3 this week, skip the gourmet drip and brew your own coffee in the comfort of home.

A 33.9-ounce container of Folgers Medium Classic Roast ground coffee costs $7.98 plus tax on Walmart.com. Counter Culture Coffee recommends using 1 ounce of ground coffee per 16 fluid ounces of brew. That amounts to just $0.23 for your caffeine habit.

Extra Savings Tip: “Buy your cosmetics during ‘gift with purchase’ promotions. It’s a great way to try new products or stock up on expensive samples,” recommends City County Credit Union.

Check back next time to find a new way to save for week four of the 52-week savings challenge.

Photo credit: N i c o l a

Get great information like this every week with the GoBankingRates newsletter

We would love to hear your comments and feedback

Best Savings Rates

Institution
Featured Rate (APY)
0.90%
Savings
0.95%
Savings
0.95%
Savings
Institution
Best Rate (APY)
Alabama Telco Credit Union
3.00%
Savings
Pioneer Mutual Federal Credit Union
2.75%
Savings
Free, all-inclusive, and truly local: GoBankingRates.com is the only source for interest rates from over 5000 banks and credit unions
AdSpeed – GBR – Default – Articles – RR2 Financial Resources Right Rail
AddThis Trending Article Widget
Blank Space