Coffee Economics

It was exciting earlier this year when the GST cut happened.  The price of the morning coffee dropped from $1.39 to $1.38.  Doing some mental math while waiting my turn in the drive through lane, it was exciting to think that at a savings of a penny a day, that this could end up with enough savings over the course of a year to buy two extra cups of coffee. 

That was a bit of all right.

For the past couple of weeks though, a sign was posted under the speaker at the drive through that there would be a modest increase in the price of some of the products.  Uh, oh, I thought.  There goes my penny savings.  As we know now, the modest increase was $.07 to bring the price up to $1.45.

I may need to rethink my coffee strategy.

Much of the time, I kick myself as I take a look a my desk and realize that half of the cup has gone cold as my attention was distracted by other things.  So, instead of having to throw out $0.69 worth of my purchase, I’ll now throw out $0.725 worth.  So, every 121.667 days, I throw out a cup under the new pricing arrangement.  This is starting to be really bad financial planning.

Next is to factor in the winnings in product won by rolling up the rim and checking to see what I won.  I know that in the 72 cups that I’ve purchased since the current contest started, I’ve won one coffee.  The advantage here is that you can redeem for any size and the smart person gets an extra large.

This strategy is becoming involved; I need a coffee.  Fortunately, I went through the drive through on the way to work.

Darn.  It’s cold.

Is the rule that you should drink before you blog?

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