How much does skipping coffee save? A week, month and year table
One coffee a day looks small, but over a year it adds up. That's the latte factor. Skip a $5.50 coffee five times a week and you save $27.50 a week, $115.50 a month and $1,430 a year. Find your price and habit in the table below.
The formula
Savings = price × ⌊days × times per week ÷ 7⌋. A week is 7 days, a month is 30 days and a year is 365 days, and the number of skips is rounded down to a whole number. Five times a week is ⌊30 × 5 ÷ 7⌋ = 21 skips a month and ⌊365 × 5 ÷ 7⌋ = 260 skips a year.
Latte factor table by price and times per week
Even skipping twice a week adds up to several hundred dollars a year.
| Price × times/week | 1 week | 1 month (30 days) | 1 year (365 days) |
|---|---|---|---|
| $4.00 × 2/week | $8 | $32 | $416 |
| $4.00 × 5/week | $20 | $84 | $1,040 |
| $5.50 × 2/week | $11 | $44 | $572 |
| $5.50 × 3/week | $16.50 | $66 | $858 |
| $5.50 × 5/week | $27.50 | $115.50 | $1,430 |
| $5.50 × 7/week | $38.50 | $165 | $2,007.50 |
| $7.00 × 3/week | $21 | $84 | $1,092 |
| $7.00 × 5/week | $35 | $147 | $1,820 |
Skip a $7 coffee five times a week and that's $1,820 a year, about the cost of a short trip abroad.
Why the math alone doesn't save money
Not buying a coffee doesn't put $5.50 into savings by itself. Money left in checking tends to vanish into the next purchase. The numbers in the table only become a real balance when you move what you skipped into a savings account.
- 1. Log the amount every time you skip
- 2. Once a week, transfer the total to your savings account
- 3. Count only the money you moved toward your goal
In Skipstack
On the Skipstack home screen, the If you skip it panel lets you pick how many times a week you skip and shows the 1 week, 1 month and 1 year totals using the same formula. Change the coffee price in the preset, in any currency. Tap Skipped it each time, move the money into savings, tap I moved it, and only that money fills your goal.
FAQ
- How much is one coffee a day over a year?
- A $5.50 coffee every day is 365 coffees, about $2,000 a year. Skipping it five times a week saves $1,430.
- Why is a month 30 days?
- Months vary in length, so a month is counted as 30 days. A year is 365 days, so it can differ slightly from 12 × the monthly figure.
- Do I have to quit coffee?
- No. Skipping two or three times a week saves roughly $570 to $860 a year at $5.50. Keep the coffees you love and skip the habitual ones.
- Does it work in other currencies?
- Yes. Skipstack supports every currency and shows amounts in your local format.
See what your coffee habit is worth in a year
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