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Coffee Maker

People waste so much money on expensive coffee drinks that David Bach, a personal finance coach and author of the “Finish Rich” series, actually uses the term “The Latte Factor” to refer to all those little expenses like $4 lattes that add up and eat into your net worth.

If you ordered a $4 latte every day on your way to work, that works out to $20 a week, $80 a month – and nearly $1,000 a year! If you buy a good coffee maker, say $80 or more, and buy quality beans, you can have an equally good cup of coffee – for a fraction of the price.

Oxenreider, who says she and her husband are big coffee drinkers, estimates that a $10 bag of beans makes 30 cups of coffee, which works out to 30 cents a cup!

Product pays for itself in: 2 months

* Calculations are estimates and may vary based on product, location and other factors

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