Coffee for life, or $100k? UFV baristas ask an impossible question in quest for tips

How long do you expect to live? When will the world economy collapse? These are similar questions.

Would you take $100,000 if it meant forsaking caffeine for the rest of your life? Or would you rather have free coffee forever?

That’s the question baristas at a University of the Fraser Valley coffee shop put to their customers last week in an attempt to gin up some extra tips.

For the last two years, staff at the Fairgrounds coffee shop in the university’s Student Union Building have put out duelling tip jars. A previous employee had suggested the idea and it has proven to be an engaging way to encourage tippers, according to Tripat Sandhu, the president of the Student Union Society.

The questions are changed about twice a week, although Sandhu said it can be difficult finding something creative so often.

But if last week’s question took some creativity to think up, it’s answer also isn’t simple or easy if you consider it closely.

That’s because the value of caffeine for life doesn’t just depend on how much you love caffeine products. It’s about when you figure you’re going to kick the bucket.

After all, a 20-year-old taking $100,000 is forsaking much more coffee than someone who is 60 years old.

Then there’s the fact that while few people get offered a lifetime of free coffee, most of us are actually able to reap financial rewards for forsaking caffeine.

If you spend two dollars a day on coffee, in 60 years, you will have spent $43,800 on java.

You can go further down the rabbit hole too.

After all, inflation will also play a role here.

Assuming the price of a cup of coffee increases at about two per cent a year – Canada’s inflation target – you’ll have spent around $87,000 on coffee by the time 2079 rolls around.

On the other hand, if someone gave you $100,000 today, you could invest that money and, if it were to grow at four per cent each year, you’d have $1 million by 2079.

But will the world even exist as we know it in 2079? So, yes, you might need an advanced degree to answer this coffee question. But forget all that. You’re on the internet. If a person needed to know what they were talking about to share their opinion, half of the web wouldn’t even exist.

Create your own user feedback survey

Just Posted

Missing man last seen in Chilliwack Sept. 7

Friends concerned for well-being of 44-year-old Jean Pierre Baril

Agassiz pawn shop ordered to pay thousands due to ‘criminal interest rate’

Pioneer Trading Post charged 25% interest a month, similar to other pawn shops in the region

First Nations given max compensation for Ottawa’s child-welfare discrimination

2016 ruling said feds didn’t give same funding for on-reserve kids as was given to off-reserve kids

Coquitlam woman killed on motorcycle along Highway 3 near Similkameen Falls

According to RCMP Sgt. Rob Hughes, the accident occured on an S-turn

Chilliwack’s Jordyn Huitema continues torrid scoring pace for PSG

Huitema, who signed with PSG in May, also scored twice Sunday

VIDEO: Vancouver Island mayor details emergency response after fatal bus crash

Sharie Minions says she is ‘appalled’ by condition of road where bus crashed

Conservatives promise tax cut that they say will address Liberal increases

Scheer says the cut would apply to the lowest income bracket

B.C. VIEWS: Cutting wood waste produces some bleeding

Value-added industry slowly grows as big sawmills close

Pedestrian struck and killed by vehicle in Surrey

Investigators were asking anyone who witnessed the incident to come forward

Fewer trees, higher costs blamed for devastating downturn in B.C. forestry

Some say the high cost of logs is the major cause of the industry’s decline in B.C.

Federal food safety watchdog says batch of baby formula recalled

The agency says it’s conducting a food safety investigation

Vancouver’s Tristan Connelly shocks the UFC world

Late replacement upsets big favourite Pereira, main event sees Gaethje stop Cerrone in round one

UVic president offers condolences after two students killed in bus crash

‘We also grieve with those closest to these members of our campus community,’ Cassels says

Most Read