$4 coffee and 2 other 'stupid' things millennials waste money on, according to Kevin O'Leary. via CNBCMakeIt
, or about $92 a month — which it says is about 30 percent more than a third of Americans spend on investing.The price of a cup of coffee varies wildly across the U.S. and the world. A 12-ounce cup of joe from Starbucks in the U.S. costs on average $2.75, but New York City is the most expensive location for the chain, charging $3.25 for a tall cappuccino.
And if you want the works, with more expensive types of milk, flavoring or seasonal specials, it can set you back more than $5. Starbucks in Europe, the Middle East and South Asia cost far more, often averaging $6-8 a cup or more."You don't need more than four pairs of shoes. You need flip flops, something to work out in, and two pairs of dress shoes — everything else, you're an idiot if you're buying more shoes.
In this area, women appear to be the worst offenders — shoe retailer DSW found last year that 75 percent of women in the U.S. own more than 20 pairs of shoes, while the average man reportedly owns 12 pairs. Credit card comparison app CreditDonkey reports that the average person buys 7.8 pairs of shoes per year.
And a report by Psychology Today found that, indeed, of all the pairs of shoes owned, most people regularly wear only three to four."If you have more than three pairs of jeans — one black, one white and one jean original — you're an idiot," he says. "You have too many, you don't need that." Today, a pair of jeans comes in at about $60 on average, "which means Americans spend about $38.5 million on denim pants every day, or $14 billion annually,"
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