Energy Drinks Could Cost You $174,574+
In earlier articles, we’ve covered vast financial difference between buying a lattes at Nerdbucks versus brewing your own coffee. The difference in cost over a lifetime was STAGGERING! Daily energy drinks are a huge financial hog waiting for SAGA to pump the double-barrel shotgun, and blast away…
Heightened energy and awareness seem to ramp productivity, but there is certainly a cost. That cost can be financial as we’ll see, and there is also an emotional situation for many, as the burst of energy is not within the normal human range, which creates a whole new world of expectation of what reality is supposed to feel like… and thus the dreaded ‘dependance’ might be an issue to wrestle with. If you’re used to bombing the sweet pump-me-up, it might seem like a difficult thing to let go; the burst of energy can be helpful at times, but chronic consumption of energy drinks are doing a lot more than burning the candle at both ends… money, money, money…
Either way you go, energy drinks are not cheap. While some people glance over a purchase of $2-$7 to buy a RedBull, Monster, or 5-hour energy, such a cost is 5-alarm daily expense that must be glared at:
$2 in energy drinks a day:
$62/month = $744/year = $7440/decade = $22,320/ 30 years
invested instead at 6% Compound Interest = $62,348
used to pay you 6% every year thereafter =$3740 per year = $112,226
add those together GRAND TOTAL = $174,574
For the average worker making 35K, that’s paid for with 5 years of labor!
If you plan to drink these things during you retirement, you can add another $62,348. But something tells me that 30 years of drinking these things might result in a serious need to quit by the time we hit 65 years old.
For most people, one energy drink a day isn’t going to cut it! The crash can be a serious fizzle, and if you’re used to being emotionally suspended with the energy of a raging bull, then that fizzle might prompt guzzling another energy drink. For some people 3 energy drinks a day becomes standard, so here’s a projection of $4 and $7 dollars a day spend on energy drinks (minus the weekends, because surely a break from drinking these things is necessary!)
$4 in energy drinks a day:
$80/month = $960/year = $9600/decade = $96,000/ 30 years
invested instead at 6% Compound Interest = $80,449
used to pay you 6% every year thereafter =$4,826 per year = $144,808
add those together GRAND TOTAL = $225,257
For the average worker making 35K, that’s paid for with 6.4 years of labor!
$7 in energy drinks a day: (we added an extra dollar because acquiring 3 drinks a day, plus taxes cost something!)
$140/month = $1680/year = $16,800/decade = $50,400/ 30 years
invested instead at 6% Compound Interest = $140,786
used to pay you 6% every year thereafter =$8447 per year = $253,414
add those together GRAND TOTAL = $394,200
For the average worker making 35K, that’s paid for with 11.3 years of labor!
Any perceived increase in productivity gets brutally crushed when it means working that many extra years, doesn’t it!? I’m certainly not picking on anyone: I’ve had a couple jobs where these drinks just seemed to slip right into the flow of work. The need to be emotionally revved up seemed to lend an advantage to some lines of work, but the truth is, there are always people right beside you who don’t drink them, and they still receive the same paycheck!
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