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The Rise of Coffee Shaming - Personal-finance gurus really hate coffee.
www.theatlantic.com ^ | 07/18/2019 | Amanda Mull

Posted on 07/18/2019 2:36:52 PM PDT by Red Badger

Suze Orman wants young people to stop “peeing” away millions of dollars on coffee. Last month, the personal-finance celebrity ignited a controversy on social media when a video she starred in for CNBC targeted a familiar villain: kids these days and their silly $5 lattes. Because brewing coffee at home is less expensive, Orman argued, purchasing it elsewhere is tantamount to flushing money away, which makes it a worthy symbol of Millennials’ squandered resources.

Orman’s not alone in this view. The old guard of personal finance has spent years turning the habit of buying coffee into a shorthand for Americans’ profligacy, especially that of young Americans. Dave Ramsey, a finance personality who hosts a popular radio show on getting out of debt, says that forgoing lattes is one of four keys to saving thousands of dollars. Kevin O’Leary, one of the investors on the entrepreneurial reality show Shark Tank, once told CNBC, “I never buy a frape-latte-blah-blah-blah-woof-woof-woof.” Even the official Twitter account for Chase Bank has gotten in on the fun, intimating via meme that a failure to brew at home is why young people don’t have any money.

In the face of coffee shaming, young people usually point to things like student loans and housing prices as the true source of the generation’s instability, not their $100-a-month cold-brew habits. Nonetheless, coffee endures as a personal-finance flash point because it provides such a tidy intersection of generational tensions. A cup of coffee embodies changes in everything from how younger Americans eat to where they live and how they approach their finances. For young people who buy one each morning, the walk up to the barista can be a shame-tinged tug of war.

(Excerpt) Read more at theatlantic.com ...


TOPICS: Business/Economy; Food; Health/Medicine; Society
KEYWORDS: coffee; orman; suzyorman
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Comment #141 Removed by Moderator

Comment #142 Removed by Moderator

To: Red Badger

Costco.com? You’d have to decide if it’s worth it...


143 posted on 07/19/2019 6:47:40 PM PDT by Persevero (Desmond is not -Amazing- Desmond is -Abused-)
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To: Excuse_My_Bellicosity

“Says the clown that misspells comprehension. I caught more than you did, dumbass. Just what we need, another nazi telling us about something we “don’t need”. They do that with guns, too. “Why do you need that?” None of your damn business.”

When you find yourself too deep, best to stop digging.


144 posted on 07/20/2019 2:12:32 PM PDT by TexasGator (Z1z)
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To: Excuse_My_Bellicosity

“Says the clown that misspells comprehension.”

Only a ja would make a big deal out of a typo and falsely say it is a spelling error.


145 posted on 07/20/2019 2:15:17 PM PDT by TexasGator (Z1z)
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To: Excuse_My_Bellicosity

” Just what we need, another nazi telling us about something we “don’t need”. “

Check the mirror!


146 posted on 07/20/2019 2:16:10 PM PDT by TexasGator (Z1z)
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To: TexasGator

“Ja” is not a word.


147 posted on 07/21/2019 12:49:12 PM PDT by Excuse_My_Bellicosity (Liberalism is a social disease.)
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To: Excuse_My_Bellicosity

““Ja” is not a word.”

Take a guess.


148 posted on 07/21/2019 1:00:21 PM PDT by TexasGator (Z1z)
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To: TexasGator

No idea, I don’t speak millenial and I don’t care to research their “humor”. Honestly, I don’t see what you’re getting so pissed about.


149 posted on 07/21/2019 1:04:54 PM PDT by Excuse_My_Bellicosity (Liberalism is a social disease.)
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To: Excuse_My_Bellicosity

“No idea, I don’t speak millenial and I don’t care to research their “humor”. Honestly, I don’t see what you’re getting so pissed about.”

Spelling anyone?


150 posted on 07/21/2019 1:25:35 PM PDT by TexasGator (Z1z)
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To: Sans-Culotte
Keurig is all I use now. I'd rather spend more for a perfectly fresh cup every time I drink a cup than drink a pot in which half of it is going to taste burnt. I have found that I drink less coffee as well because I don't feel compelled to finish the pot.

Dittos for me. I get the generic K cups, not the buck a cup brands, and it's very handy. I don't hate Starbucks coffee like some here, but don't do business with them because of their politics. I used to get gift cards sometimes, and the medium regular coffee is something like a buck fifty. Heading out of town with my daughter once, stopped at a Starbucks cause I had a $10 gift card, and asked her if she wanted anything. Got me a coffee and whatever she ordered, and it was around $9. That's when I realized what people were talking about with someone wasting money at Starbucks.

Part of the move towards socialism is that a lot of people are being raised to think if something is necessary, it should be free. School lunch, medical care, housing and transportation are all necessary. My parents and I sweated that stuff. Today, many people think necessities should be provided and income is to be spent on frivolities like tattoos, coffee sweets, and entertainment.

151 posted on 07/21/2019 2:27:03 PM PDT by Richard Kimball (WWG1WGA)
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To: Persevero

No Costco within a hundred miles of me!............


152 posted on 07/22/2019 6:07:45 AM PDT by Red Badger (Against stupidity the gods themselves contend in vain......................)
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