Starbucks Lovers Beware: Your Daily Cup May Be Costing More Than You Think
Did you know coffee is consumed at the rate of 1400 million cups per day? A cup o’ joe is a staple for many of us in the morning, but if you’re a Starbucks regular and you’re watching your wallet, you may want to consider making your French vanilla latte at home. Studies show that if you have Starbucks everyday, you will spend approximately $7,000 over a 10-year period.
Here are a few more interesting financial facts about Starbucks coffee to keep in mind:
- If you skipped Starbucks everyday for a year, you'd have enough money to buy a 32GB iPad Air.
- The average Starbucks customer visits the store 6 times per month while a loyal 20% of customers go to the stores 16 times per month. Yes, I would put myself in that latter group.
- Starbucks earned approximately $10.7 billion in sales alone last year. They have 16,850 shops in 40 countries around the world. Lesson learned: if you’re going to sell something, it pays for it to be an addictive yet legal.
Do you have a Starbucks addiction? If so, here’s hoping it’s under control. I want to see you get that iPad Air.
(Photo Credit: Todd Huffman)
Wink, Material Wrld, Facebook Gifts, & Cardfree: the Social 6 News Roundup for 12/12/12
Happy 12/12/12 folks! For some reason, most of the news across the social web yesterday – or at least the news that I shared and you all clicked on and re-shared – had to do with money. Here's your Social 6:
#6: Top Domains: Forexpros Buys Investing.com For $2.45M, Launches One-Stop Financial Portal For Everyday Investors (TechCrunch)
#5: With $10M In The Bank, Cardfree Launches To Take On LevelUp And Square In Mobile Payments (TechCrunch)
#4: Wink: A fresh take on photo-sharing that instantly sends your new pictures to the friends you’re with (The Next Web)
#3: Fashion Marketplace Material Wrld Raises 780K Seed Round Led By Warby Parker, Bonobos Investor Great Oaks VC (The Next Web)
#2: Facebook builds a Preferred Marketing Developer Center app to better connect ad companies and vendors (The Next Web)
#1: Facebook Pushes Out Gifts to All U.S. Users (Complete With Holiday Booze) (All Things D)
