Your morning jolt of java will take more jingle out of your pocket thanks to the latest in a steady stream of price hikes at Starbucks.
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Starbucks coffee just got more expensive
The coffee chain jacked prices up between 10 cents and 20 cents on brewed coffees of all sizes this week at more than 8,000 company-operated stores, according to the Associated Press.
That now puts the price of a small (“Tall”) brewed coffee between $1.95 and $2.15, depending on location.
Not subject to the increased pricing are drinks like lattes and iced coffees in most stores.
But the latest price hike shouldn’t come as much of a surprise. Starbucks has a long history of raising the cost of its beverages. The year 2016 saw two price hikes, while the Associated Press reported a 1% to 2% increase in prices during 2017.
Good news: You can beat the new higher prices!
If the price hike you’re experiencing at your local Starbucks is on the low end of the 10 to 20 cent scale, it’s easy to beat the restaurant at its own game.
Did you know you can save 10 cents on every drink just by bringing a refillable cup or a paper cup from another coffee shop?
The savings may seem small, but if you buy one drink a day, this can save you nearly $37 over the year! Plus, you’ll also help the environment by using or reusing your own cup.
And if you like to have more than one cup o’ joe each day — and who doesn’t?! — you can get your hot coffee refilled for just 50 cents any time after your first purchase. This half-dollar offer applies to refills of hot tea, iced coffee and iced tea, too.
Those are just a few of the ways you can find to save money in our ‘12 easy ways to save money at Starbucks‘ article!
Conclusion
While price hikes like this latest one from Starbucks may seem small, they can really add up over time. Rather than buying coffee on the go, a better alternative is to brew your own coffee at home. You’ll save up to $500 annually by doing that!
Then when you put that money back into your budget, check out these 5 brilliant ways to invest an extra $500.
