I drink fancy, schmanzy Tully's French Roast Coffee. I get it in little individual serving "K cups" that I brew in a Keurig coffee maker. These K-cups come in boxes of 18 that retail at $11.78 (with tax) where I get them. That works out to 65 cents per cup of coffee. But I do not pay a single penny for my coffee and have not for a couple of years. Here is how I manage that.
First step: I use cashback cards. And I always make sure that I am taking advantage of each credit card's quarterly 5% cashback promotion.* My Discover cashback card has promotions like that. So I make sure to carry that card in my wallet and use it whenever I can get that 5% cashback leverage on purchases I am going to make anyway.
Second step: I leverage my cashback redemptions.** For the Discover card, that means that I redeem my cashback Discover dollars for Bed Bath and Beyond gift cards instead of cash. Doing that gets me a $25 BBBY gift card for just 20 Discover cashback dollars.
Third step: I wait for the BBBY discount coupons. These come regularly via emails and via postal mail flyers. And they are good for either $5 off a $15 purchase or 20% off a single item.
Fourth step: I go get that free coffee. Here are the numbers from my most recent BBBY coffee raid. I gave the cashier two 18-cup boxes to ring up at $11.49 each, for a total of $22.98. Then I gave her a $5 off store coupon, leaving a balance of $17.98. Add the 2.5% food sales tax, and the final total was $18.43. To pay, I handed the cashier a $25 BBBY gift card. And I walked out with my two 18-cup boxes of Tully's French Roast Coffee and $6.57 credit still left on my BBBY gift card.
Doing the math, I leveraged 14.74 in Discover cashback dollars by almost 60% to get coffee worth $23.55 after tax. That is a nice win. And I got those Discover cashback dollars just for using that credit card on 5% cashback purchases I would have made anyway. That is a win-win. Free gourmet coffee every day. Win-win-win.
The takeaway: Playing the Frugal Game my way*** will put a smile on your face every time.
* Raking In Credit Card Cashback:
** Leveraging Up CashBack Rewards:
*** Playing the Frugal Game is Fun!