October 3rd, 2003

Latte Fund

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Ever heard of the Latte Fund? If you haven’t, it is another of those money-saving techniques that ensure you a better retired life. Money Central had this “empirically sound” article on the possible paths to millions. As you already must known, I am a pretty avid Starbucks fan or for that matter, being addicted to coffee is my latest trend. I have always believed that we, as a weaker species on mother earth have always something to blame our follies on and have a vice to back it up. “I hit my wife because I was drunk” & “People don’t kill people, Guns kill people” are one of the few preposterous excuses. So since, I have no such worthy vice to back up my actions on, I decided to take up drinking…coffee. I couldn’t get the bitter black coffee down my delicate esophagus so I initially tempered it down with tons of sugar and milk. Lately the quantity of both, sugar and milk have been steadily declining, getting me high on pure Java. So as I have happily sipping my Mocha, I read this article almost chastising me for my vice. It goes on to elucidate that a normal latte (just a fancy word for a cuppa coffee, I feel) costs $3.50 a day, week, that’s $24.50 a week, $105 a month, and $1,277.50 a year.

Whoa! Shouldn’t I be clearing my rapidly piling up debts first before blowing it up on a lame vice such as coffee? That had my attention, and Money Central proceeded to detail out my investment plan. “After five years, the Latte Growth Fund had become $8,650. By the 10th year, it was $23,959. It grew to $167,564 by the 25th year and $805,087 by the 40th”. But hey, don’t spoil my java experience by laying out high numbers that are sure sound tempting. I have also heard my share of such hair-brained schemes, right down to the Buy-a-Teak-Plantation, which also had my poor environmental-friendly attention for a while, until I saw through the whole infeasible schema. Getting back to the Latte Fund, why do you think I would suddenly be investment-wise, if I give up “precioush” coffee? I might just blow it on a margarita and I know for a fact that can have much serious consequences. I am not a habitual coffee drinker, so if I miss a week of donation to the Latte Fund, my millionaire plans are kaput.

Finally, ask Riddhi that coffee at Starbucks is not just a java experience, it’s a wholesome package. Be it a good book or a friend, time flies when you are engrossed. I can never study in a dead silent library or a confined space. I need a whiff of activity around me to fully concentrate on my work at hand. Starbucks provides such an ambience. My only distractions are the loud conversations some ignorant imbeciles indulge in. But my headphones with music blaring in my ears provide a way out. Yup, I know I have strange study habits. But to each his own. I remember tons of deep philosophical conversations I had in Starbucks with friends on a range of topics such as our love lives to global warming. If nothing else, nothing works better for a break than gazing at the lovely ladies at Starbucks. I hope Playboy doesn’t get whiff of this thought and think of a “Women of Starbucks” issue, like the infamous “Women of Enron”. Those gals are too sweet to have any lustful thoughts of. Can these factors be quantified and added to the Latte Fund? I guess not. We all have levels of tolerance, wherein we can be enticed from giving up an activity that we love. The millions, alas are no incentive for me to give up my coffee experience.

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