Perhaps buying a latte from Starbucks or that bag of chips from the vending machine won’t noticeably impact a bank account balance, but if it were a daily occurrence, it would be a different story. Spending money on food and drinks every day may result in consumers failing to consider the long-term effects of buying these items. Simple changes can significantly impact finances in the long run. Here are fivealternatives that students can use to maintain their lifestyle in a financially responsible way. Savings are calculated based on the assumption that an average student purchases each item every day during the 180-day school year.
BUBBL’R:
School cafeteria cost:
$3.25 per can
Cost of pack of 6 at local grocery store:
$1.25 per can
Savings over the school year:
$360.00
Doritos Cool Ranch Chips from the vending machine:
School vending machine cost:
$2.50 per bag
Cost of pack of 10 at local grocery store:
$0.90 per bag
Savings over the school year:
$288.00
Starbucks Iced Caramel Macchiato:
Starbucks cost:
$5.95 per drink
Cost of ingredients from local grocery store:
$1.35 per drink
Savings over the school year:
$828.00
Skittles from the vending machine:
School vending machine cost:
$3.00 per pack
Cost of pack of 36 from local wholesale:
$0.94 per pack
Savings over the school year:
$370.80
Chipotle Burrito Bowl:
Chipotle cost:
$12.15 per bowl
Cost of ingredients from local grocery store:
$5.10 per bowl
Savings over the school year:
$1269.00