Credit Canada

Let’s start the way many of us do each workday with the simple little pleasure of a morning coffee. It could be a Latte Grande from Starbucks at $3.95, or maybe it’s just a regular Cup ‘O’ Joe from your local cafeteria at about $1.50. Either way, you’re looking at an annual expenditure of between $390 and more than $1,000 just to get your mojo up and running on the basis of a five-day work week.

If you’re looking to be cost conscious, you can see where I’m going with this. What you spend on life’s little pleasures, like your morning coffee, add up over time – something that can come as a surprise to those who are ridden with debt and wondering where it all went wrong. At Credit Canada we help people answer that question everyday. In matters of money, something is bound to go wrong if you don’t bother to question what you regularly spend and set yourself a budget.

A measure of self-awareness is in order. If debt concerns you, and you want to save money, you might take stock of all the little pleasures in life that pinch your pennies. And you might ask yourself, are there cost-saving alternatives to satisfying your desires? For example, do you really need that latte from Starbucks? Could you make your own coffee? Maybe get a coffee press if taste is an issue? (more…)