Stopping for Coffee IS in your Budget... If it's Local!
How's your New Year's budget holding up? Are you still stopping for that morning cup of coffee? Listen, it's a hard habit to kick (and not necessarily one you have to). What if you could still indulge and not stray from your budget!? This month, take a look at how your local cup of coffee actually costs less than one from a corporate coffee chain.
And don't forget to bring a reusable coffee cup. Not only are you being more sustainable and helping the environment, but most coffee companies give you a discount for bringing your own cup!
As mentioned in the last community Mythbuster (we can't say it enough!): when you spend locally your money circulates in your community nearly 4 times more than when spent with a chain retailer.
Myth: Prices are lower at chain retailers and in other communities.
Many view "lower prices" that chain stores promote at face value, but let's look a little deeper.
Chain stores often receive subsidies that exclude them from paying sales tax for a number of years. Thus, the money we spend at these locations is funneled directly out of our communities instead of funding important infrastructure such as our public libraries, police and fire departments, road maintenance, etc. Let's also consider the types of jobs chain stores offer: majority are part-time options without benefits. We like to refer to the lack of sales tax and healthcare benefits as "deferred billing" - if its not being provided by the company, we are personally absorbing the cost through our taxes.
Another factor is too many of us are willing to make the longer drive for "lower prices" rather than support the local, independent options found in our own communities. But when we consider the gas, travel time, and vehicle wear that comes from these frequent trips (combined with all the points listed above) you'll find that the local options are actually more affordable.
Myth-BUSTED: More often than not, spending money at local businesses in your own community is less expensive than spending money with chain retailers.
In Bisbee, check out Cochise County's oldest coffeehouse and roaster at the Bisbee Coffee Company. Located in the heart of Old Bisbee on Main Street, this coffeehouse is a great place to stop while exploring the town. Their chai lattes and copperjack sandwiches are amazing!
Vida E Caffé is positioned conveniently in Historic Downtown Globe on Broad Street and with its mantra, "Sleep is for Sissies" , you will be sure to get your caffeine fix and save a little.
**Fun fact: Vida E Caffé sources their coffee locally from Bisbee Coffee Company. We love seeing Arizona companies support each other!
So do your wallet, your economy, and your community a favor and get your coffee from local shops in town!
Local First Arizona Foundation strives to keep dollars circulating in local economies by busting the myth that local is more expensive. A series of monthly Myth Busters will highlight specific comparisons in 2 rural communities; Globe/Miami and Bisbee. These comparisons break down pricing to show how local options stand up to out of town chain retailers.