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

UPDATE: Overnight shooting in downtown Chilliwack leaves one male on life support

The victim, who is not expected to survive, is known to police and was likely targeted, IHIT says

Fantasy Farms of Chilliwack are planning to apply for reconsideration of decision against them

But the ALC reminds operators that agri-tourism needs to be ‘ancillary’ to agriculture

Trudeau has won the most seats — but not a majority. What happens next?

Trudeau will have to deal with some of the implications of Monday’s result

LIVE MAP: Results in Canada’s 2019 federal election

Polls are now closed across the country

ELECTION 2019: Here are the results from our 12 B.C. races to watch

Incumbents mostly won our 12 key races, but there were a few upsets too

Scheer says Canada more divided than ever, as NDP and Bloc hold cards close

While Liberals were shut out of two key prairie provinces, they took two-thirds of the seats in Ontario

VicPD return Victoria fugitive from France for attempted murder trial

Sebastien Normandin, 49, charged with attempts to hit former girlfriend with car

Three sprayed with mace during altercation at Port Coquitlam high school

Mounties are still working to determine exactly how many youth were involved

Investor alert: ‘Split games’ pyramid scheme circulating in B.C.

British Columbia Securities Commission issues warning about scheme selling virtual shares

Federal NDP may support B.C. with major projects, Carole James says

SkyTrain Surrey extension, Massey Tunnel need Ottawa’s help

‘Issue-by-issue parliament’: Expert says Liberals need to placate NDP to be effective

Scandals, social issues, racism defined 2019 federal election, SFU prof says

Misconduct investigations spike by 65% across B.C.’s municipal police forces: report

Reports overall up 15 per cent while complaints made by public down seven per cent

Guns, crossbows, swords, ammo seized in raid on Fraser Valley home

Weapons also included stun guns and replica firearms

‘Wexit’ talk percolates day after Liberals returned to power with minority

An online petition is calling for a western alliance and Alberta to separate

Most Read