Money
Driving only one vehicle
While creating our 2011 budget, I engaged in a thought experiment about creative ways to dramatically reduce our costs in order to live within our means and save for our dreams: ditch one car. I'll explain my thinking to provide some insight into how the financial mechanics work.
Total cost of ownership
When looking at the cost of owning a car, there are many costs involved, with an example of monthly costs in parentheses:
How to save money at Starbucks
Home of the $5 cup of coffee, Starbucks is a money pit. Just like a car. That daily dose can cost you $1825 per year! Right now that's the cost of a budget cruise for two.
We buy coffee because we are in too big a hurry or because we're just lazy. My wife tells me she likes to socialize over coffee or tea, so it's part of the decorum of friends.