Here we are, I am finally paroting what tiktokers and other people on social media about boohoo, starbucks is a bank. How is it a bank you might ask?
Starbucks has an app that lets you fill it with some cash and in return occasionally you get some nice rewards and free starbucks. There’s also a scenario: If a customer forgets that deposited money in a Starbucks account or it never gets used due to some reason, that is known as breakage income.. I haven’t read the terms and conditions about dormancy fees but if you didn’t know yet, breakage income is eventually owned by the company. Can you imagine if a hundred if not a million people left their money there?
The thing is, coffee is also a form of investment and more than just liquid you consume daily. Some say that it is the second-most-traded commodity in the world and there are about three ways to invest in coffee, including coffee ETFs. As an example, Starbucks is also a publicly traded stock that these days you can purchase from anywhere. At the moment of writing this, Starbucks or SBUX is traded for $97.95.
So do you still want to be just as a consumer or learn to make profit at the same time?
I personally have my fair share of utilising starbucks cards. It’s very convenient and there are days when I just can't get food and coffee for free. They also didn’t require any KYC, especially when you get the card with cash. Although using that method, it’s a bit difficult tracking the free stuff. At the same time, since I got into stocks, I also got myself SBUX. Now, I am also trying to learn about coffee as commodity trading. The thing is, getting into these isn’t as easy as it was with crypto but I am keen to learn.
Anyway, I think this post isn’t complete without a bit of coffee review!
The other day, I got a Starbucks Christmas seasonal menu. It was crunch toffee latte which was nutty. In Indonesia they have two options, the one I tried and also peppermint mocha. In my coffee, I also opt for oat milk instead of regular milk. I find that it adds more unique flavour to the coffee. I think because oat milk is more subtle, it also does not overpower the coffee. I generally choose specialty coffee of the day too instead of going with their regular selection. Since often different branches use different coffee, I notice that they use dark roast and keep the medium roast as specials. I am not quite fond of Starbucks dark roast which is also another reason why I choose their specials as they always have medium roast, freshly grinded too. That’s all about this review, see you in my next one when I tried something new from their selection!
 | 𝘔𝘢𝘤 𝘪𝘴 𝘢 𝘴𝘦𝘭𝘧-𝘦𝘮𝘱𝘭𝘰𝘺𝘦𝘥 𝘯𝘪𝘯𝘫𝘢. 𝘈 𝘵𝘺𝘱𝘪𝘤𝘢𝘭 𝘪𝘯𝘵𝘳𝘰𝘷𝘦𝘳𝘵 𝘪𝘯 𝘭𝘰𝘷𝘦 𝘸𝘪𝘵𝘩 𝘭𝘪𝘵𝘦𝘳𝘢𝘵𝘶𝘳𝘦, 𝘣𝘰𝘰𝘬𝘴, 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘺 𝘢𝘯𝘥 𝘱𝘩𝘪𝘭𝘰𝘴𝘰𝘱𝘩𝘺. 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘩𝘦𝘳 𝘱𝘦𝘳𝘴𝘰𝘯𝘢𝘭 𝘣𝘭𝘰𝘨 𝘵𝘩𝘢𝘵 𝘤𝘰𝘷𝘦𝘳𝘴 𝘩𝘦𝘳 𝘫𝘰𝘶𝘳𝘯𝘦𝘺 𝘥𝘦𝘭𝘷𝘪𝘯𝘨 𝘪𝘯𝘵𝘰 𝘱𝘩𝘰𝘵𝘰𝘨𝘳𝘢𝘱𝘩𝘺, 𝘵𝘳𝘢𝘷𝘦𝘭, 𝘯𝘰𝘰𝘵𝘳𝘰𝘱𝘪𝘤𝘴, 𝘱𝘳𝘰𝘥𝘶𝘤𝘵𝘪𝘷𝘪𝘵𝘺, 𝘮𝘪𝘯𝘪𝘮𝘢𝘭𝘪𝘴𝘵 𝘭𝘪𝘧𝘦𝘴𝘵𝘺𝘭𝘦, 𝘤𝘺𝘣𝘦𝘳𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘺, 𝘢𝘯𝘥 𝘭𝘢𝘯𝘨𝘶𝘢𝘨𝘦𝘴. 𝘐𝘯 𝘩𝘦𝘳 𝘧𝘳𝘦𝘦 𝘵𝘪𝘮𝘦, 𝘴𝘩𝘦 𝘦𝘯𝘫𝘰𝘺𝘴 𝘭𝘦𝘢𝘳𝘯𝘪𝘯𝘨 𝘷𝘢𝘳𝘪𝘰𝘶𝘴 𝘵𝘩𝘪𝘯𝘨𝘴. 𝘐𝘧 𝘺𝘰𝘶 𝘭𝘪𝘬𝘦 𝘩𝘦𝘳 𝘤𝘰𝘯𝘵𝘦𝘯𝘵, 𝘥𝘰𝘯'𝘵 𝘩𝘦𝘴𝘪𝘵𝘢𝘵𝘦 𝘵𝘰 𝘶𝘱𝘷𝘰𝘵𝘦, 𝘭𝘦𝘢𝘷𝘦 𝘢 𝘤𝘰𝘮𝘮𝘦𝘯𝘵 𝘰𝘳 𝘢 𝘧𝘦𝘦𝘥𝘣𝘢𝘤𝘬. 𝘈 𝘳𝘦-𝘣𝘭𝘰𝘨 𝘪𝘴 𝘢𝘭𝘴𝘰 𝘢𝘱𝘱𝘳𝘦𝘤𝘪𝘢𝘵𝘦𝘥. |