How much money you can really save by not buying a daily coffee from Starbucks, Pret or Costa

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dailyrecord.co.uk

We've all heard the joke that young people could afford to buy a house if they stopped spending money on avocados and take-out coffee.

But how much is your daily coffee habit actually costing you? According to Which, you can rack up an additional £712 a year simply by spending £1.95 on a simple coffee from a café every day - and that's before you get into the pricier lattes, cappuccinos and mochas.

Per month this is £60, and over five years, £3,559. A home coffee machine, however, could save you a significant account.A pod machine costs around £95 up front, an espresso machine costs £70, and bean-to-cup is the most expensive at £290.

After five years, the costs will add up to £1,153, £647, and £867, respectively. This means if you replace your daily Starbucks with the cheapest option, an espresso machine, you can save £2,912 every five years.The cost in the machines tends to come down to the brand of coffee pods.

Read more on dailyrecord.co.uk
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