Ever feel like your daily coffee habit might be costing you more than you thought? That's the idea behind the Coffee Money Challenge. It's a fun and simple way to rethink your spending by asking: Can you save $1,000 in just 6 months by skipping your usual coffee shop drink?
Let’s break it down. A “fancy” coffee — think lattes, iced mochas, or your seasonal favorite — often costs about $5. If you buy one every day, that’s around $150 a month. Over half a year, you’re looking at $900 spent on coffee alone. A few extra snacks or tips here and there, and you’re easily at $1,000.
The good news? You don’t have to quit coffee altogether! The idea is more about seeing where your money goes and figuring out whether you can make tiny changes that add up. Maybe you start brewing coffee at home — a bag of good quality beans can last weeks and costs as much as just a couple of takeout drinks. Websites like latteperday .com offer some fun tools and trackers to help you keep up with your progress.
Of course, some days you really need that coffee-shop pick-me-up, and that’s okay. The challenge isn’t to make your life boring; it’s to be more aware. If a $5 coffee brings you joy, that’s fine — maybe make it once or twice a week instead of daily.
Many people who try the challenge are surprised by how quickly small saving habits grow. Think about this: skip your daily latte Monday through Friday, and only treat yourself on weekends. That’s already over $100 saved a month. Add in making lunch twice a week instead of buying out, and you could go beyond the $1,000 mark.
By following the Coffee Money Challenge, you’re not just saving money — you’re building better habits. Saving doesn’t have to be boring or painful. Sometimes all it takes is looking at your daily routines a little differently.
So, give it a try. Brew your coffee at home, track your savings, and see what happens. Who knows — six months from now, you could have a thousand dollars sitting in your account. All thanks to a few skipped lattes.