Comments on: Coffee Club With A Twist The New Savings Plan http://www.ysdata.com/financemoney/coffee-club-with-a-twist-the-new-savings-plan/54 select a personal finance path Fri, 05 Feb 2010 23:38:00 -0500 http://wordpress.org/?v=2.8.1 hourly 1 By: admin http://www.ysdata.com/financemoney/coffee-club-with-a-twist-the-new-savings-plan/54/comment-page-1#comment-19 admin Sat, 08 Aug 2009 08:19:23 +0000 http://www.ysdata.com/financemoney/?p=54#comment-19 Sorry you have such a bad outlook on people trying to improve their finances. My first point is that the coffee club savers are only "not drinking pre-made coffee for 100 days". So, returning to their old habit is fine. Secondly, this is just a way to show how a little effort goes a long way. Thx for your reply, anyway. Sorry you have such a bad outlook on people trying to improve their finances. My first point is that the coffee club savers are only “not drinking pre-made coffee for 100 days”. So, returning to their old habit is fine. Secondly, this is just a way to show how a little effort goes a long way. Thx for your reply, anyway.

]]> By: greg http://www.ysdata.com/financemoney/coffee-club-with-a-twist-the-new-savings-plan/54/comment-page-1#comment-18 greg Sat, 08 Aug 2009 07:38:07 +0000 http://www.ysdata.com/financemoney/?p=54#comment-18 Sigh... People still pass around this bogus information anymore? I know far more people who take this tired yarn of a financial old wives' tale and end up worse off in the red than they started. The problem isn't the idea... it's that people don't live and make decisions like their Excel spreadsheets, and human behavior is never that calculating in reality. The ones with simple coffee habits don't lose much, but they end up no better because they go back to their old habits because they prefer to pay someone else to make their coffee for them. (Like who sews, knits socks, changes their oil, or even truly "cooks" for themselves anymore? Seriously.) The ones who buy expensive home machines trying to justify the expense end up deep in the red because they're left with the additional expense plus end up back in line at their favorite cafe because they don't like their home version as much ... and that they're also lazy and would rather pay someone else to make their coffee for them. Sigh…

People still pass around this bogus information anymore? I know far more people who take this tired yarn of a financial old wives’ tale and end up worse off in the red than they started. The problem isn’t the idea… it’s that people don’t live and make decisions like their Excel spreadsheets, and human behavior is never that calculating in reality.

The ones with simple coffee habits don’t lose much, but they end up no better because they go back to their old habits because they prefer to pay someone else to make their coffee for them. (Like who sews, knits socks, changes their oil, or even truly “cooks” for themselves anymore? Seriously.)

The ones who buy expensive home machines trying to justify the expense end up deep in the red because they’re left with the additional expense plus end up back in line at their favorite cafe because they don’t like their home version as much … and that they’re also lazy and would rather pay someone else to make their coffee for them.

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