My Cup of Coffee Rule for Good Finance

Natalie H. • June 26, 2015

We all approach personal finance differently. Some people like to have a certain amount of money in the bank. Others like to make sure they give a certain percentage to their favorite charities.

Myself, I always want to have a good amount in my savings account, be able to help others in need and still have enough money to not feel guilty when I buy a cup of coffee.

You may ask why a cup of coffee is important to me.

When I was in college, I used to love going to the corner coffee house and buying a cup of hot brew. I quickly rushed to the coffee house and went to the front counter. I ordered my coffee and gave the clerk my debit card.

She tried running the card through the machine but it came back declined. We both sat there in a shared awkward moment.

I will never forget that moment.

I was so embarrassed. I could not believe that I didn’t have enough money in my bank account to afford a cup of coffee. I left in a hurry to face the freezing cold with a tear running down my face.

After that experience, I made up my mind that I would never let myself get so broke that I could not even afford something simple as a cup of coffee.

It was a moment in humiliation that I never wanted to re-live again.

“You don’t want to end up in the cold

without enough money for a cup of coffee.”

That was one of my main changing points for my financial path.

I started to save every penny I had. I stopped the frivolous spending that led to my chronically overdrawn bank account. I began reading financial magazines and asking questions to people who knew more than me regarding money.

I began budgeting for the first time of my life and it made a huge difference with regards to my finances. It was not long before I was finally on the right path to saving and finally had control over my money.

People learn things in different ways, but I believe some of the best lessons are learned through the stories of other.

I would have never listened to someone that went through something like what I went through. It is the experience in this situation that teaches you the most. Take my example of what I went through and take care of your savings.

You do not ever want to end up in the cold without even enough money to get a cup of coffee. That is a situation that I never want to live through again and hopefully you will not have to experience either.

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About the Author

Natalie H.

Natalie is a writer, instructor, marketer and full-time debt destroyer at her personal finance blog. Read more about her story at