Coffee Shop Addiction Tax
$3+ daily = $780-$1,095/year
Tim Hortons XL now costs over $3.00, Starbucks Grande hits $2.65. Daily coffee habit costs more than many people's entire grocery budgets.
The real cost
$8,000-$14,000 over 10 years with zero nutrition
How to not get wrecked
- 1Invest in home coffee equipment (2-3 month payback)
- 2Limit shops to social occasions only
- 3Calculate actual annual spending
- 4Try intermittent fasting to reduce dependency
Related money drains
#21
Food Oligopoly Price Coordination
3 chains control 57% of market
Three grocery chains control 57% of the Canadian market. Prices run 30–50% above inflation.
#23
Food Delivery App Fee Explosion
53% surcharge per order
Delivery apps add up to 53% in fees. A $15 meal becomes $23.
#24
Restaurant Price Inflation
17.8% vs 1.9% general inflation
Restaurant inflation hit 17.8%. Dining out twice a week can cost $4,000–$8,000/year.
Track your spending and plug these drains with Prosperi.