IGOTW: Credit Cards And Coffee, Small Transactions For Big Success

This weeks Infographic Of The Week is titled “Coffee and Credit Cards.” While we aren’t literally just talking about coffee, it does represent transactions that are as small as a cup of coffee. I found it very interesting how much money small transactions account for.

Let’s think about how many times we’ve said “It’s only $5.00.” I know I’ve done it more than a few times. Well these transactions add up very fast. The US national average price for a cup of coffee is $1.38 and between $2.50 and $5.00 if you prefer a bit more expensive cup from say Starbucks. So even if you’re getting the cheaper cup, you’re going to pay $502.32 a year in coffee (about the price of my yearly homeowner’s insurance). Opting in for the most expensive cup is an amazing $1,820 a year in coffee. Now this is just coffee, how many of us eat out at least once a day? Even if you only have a fast food meal every other day which is also about $5.00, probably more, ends up costing you over $900.00 a year.

That is only part of what this infographic covers. Take a look for yourself.

Infographic Of The Week courtesy of CreditDonkey.

Coffee And Credit Cards: Small Transactions For Big Success

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Dedicated to helping people find financial freedom. Whether it's a work at home mom, a student trying to pay for college, a small business, or just someone looking for a little extra income. We try to cater to the masses in helping them earn more money online and in life. Always looking for more opportunities to earn.

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Dollar Dojo
Dedicated to helping people find financial freedom. Whether it's a work at home mom, a student trying to pay for college, a small business, or just someone looking for a little extra income. We try to cater to the masses in helping them earn more money online and in life. Always looking for more opportunities to earn.

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