Nespresso Machine – Money Saver or Money Drain?

I have to confess that I’ve incurred a new expense recently. It’s an expense which falls midway between the ‘need’ and ‘want’ categories on my list of necessities, depending on how much you view coffee as a ‘need’ of course. :-)

My wife and I are both coffee lovers. I wasn’t so much of one when we first met but she has gradually won me over, so much so that these days I now prefer a nice cappuccino to a refreshing cup of tea. We were recently gifted a John Lewis gift card and we thought long and hard about what we should do with it. Usually we just end up spending it on the kids or buying sensible things, things we actually need. This time however we decided to do something a little different and treat ourselves to something that we wouldn’t ordinarily buy; it was a gift card after all! So after spending what seemed like an age scouring through the John Lewis website, we finally agreed that we would treat ourselves to a Nespresso CitiZ coffee machine.

We did already own a coffee machine but it was one of those filter machines and it wasn’t exactly the most convenient of things to use, especially when you have a family and live quite a hectic lifestyle. It also seemed to be quite wasteful scooping spoonful upon spoonful of ground coffee into the filter just to make one or two cups of coffee, even more so when the coffee that came out wasn’t even all that hot! Anyway, we’d recently experienced the delights of a Nespresso Machine at a friend’s house and we both really liked the taste and look of the coffee. The ease of cleaning and maintaining the machine also seemed great to us, so we were really looking forward to our machine arriving.

The Novelty of Nespresso

When our Nespresso machine arrived it came with 16 Nespresso coffee capsules of different flavours and intensity for you to try out. As you can imagine, they really didn’t last all that long, as we were using the machine all the time at first and we were also dishing out coffees to friends and family members too. I realised after the first day of use that I’d better get some more capsules ordered quickly, so I ordered one of the welcome pack offers which you are presented with when you sign up to the Nespresso Club after buying your machine. I thought it would make sense to stock up with loads of different varieties at first to help us decide which ones we liked the best, so I went for a 250 capsule welcome pack. The welcome pack also came with a free Nespresso display box which is designed to help you and your friends easily decipher which capsule might be best suited to your taste. It also showed which varieties should be made as an espresso; a ristretto or which were more suited to being brewed as a lungo.

Nespresso Welcome Pack

The welcome pack cost about £77 in all, so if we assume that the display box came with it for free then that would bring the cost of each coffee capsule out at around 30p each – £77 divided by 250 in case you’re interested in the math. :-) Before we bought the machine I’d read that if you’re buying your capsules from Nespresso directly then a figure of 30p per capsule is about right for what you should regularly expect to pay when placing an order. The price does vary a little depending on which capsule varieties you buy, but 30p per capsule is a good rule of thumb. You can also buy cheaper Nespresso capsules from other companies but I’d heard that they sometimes don’t pierce properly and can spill out inside of your machine and I didn’t really want to risk ruining my new machine. I don’t know if this is actually the case but in the interest of preserving the machine, I think I’m just going to stick with the official Nespresso capsules for now. One other note about Nespresso capsule costs is that you shouldn’t assume that you will be able to find them cheaper on eBay or Amazon. When I checked it out myself this didn’t seem to be the case and in a lot of cases they even worked out to be more expensive, although you can order in smaller quantities from those sites.

So is my Nespresso Machine a Money Saver or a Money Drain?

I have to admit that I didn’t really buy my Nespresso machine with budgeting in mind. I knew that at 30p per capsule, these Nespresso coffees were going to be more of a treat item than something I was going to be drinking all day long, especially as both me and my wife would both be drinking them. I really do like the Nespresso coffee though, and because of this I do tend to have at least one a day. This might seem like an expensive habit but it really isn’t too bad when you consider that since buying the machine, I’ve hardly bought one takeaway coffee – which would usually cost between £2 and £3 each – when I’m out and about and not sat here blogging! :-) I’d already seriously cut down on buying takeout coffees from coffee shops but I did still allow myself – or couldn’t resist – buying the odd one here and there, which soon adds up. Let’s imagine that you buy just 2 coffees a week while you’re on the road at a cost of £2.50 each, this would be £5 in total for the week. For this £5 spend you could treat yourself to around 16 Nespresso coffees at a cost of 30p per capsule, not that I’m advocating this of course. ;-) If you’re good however, and you just stick to having your original 2 ‘special’ coffees a week, then this would only cost you around 60p instead of the original £5. That’s quite a big saving and if calculated over a longer period, the original cost of your machine would be justified in no time at all. You could also invest in buying your own takeaway coffee cup so that your coffee will stay as hot as possible after leaving the house.

If I was only including myself in the equation then I would say that my Nespresso machine has saved me money rather than cost me money. There is one thing that really starts to bump up the cost of owning a Nespresso Machine however, YOUR FRIENDS!!

Nespresso Generosity Could Quickly Lead to Bankruptcy

Although generosity is an admirable personality trait, it can also be your enemy when it comes to budgeting. I don’t know if you’re the same as me but when I find something good, I have this seemingly inbuilt need to share it with others. I just love treating my friends and I hope I never let my budgeting goals snuff out my generosity completely. When it comes to being generous with your Nespresso capsules however, the costs can really start to add up if you’re not careful, especially if you’re the kind of person who likes to play host on a regular basis.

I was speaking to someone the other day about this and they also owned a Nespresso machine. They’d had the exact same problem as me in that they’d seen their Nespresso capsule supply severely deplete over the past few weeks as they’d started hosting a weekly kids play group at their house and had begun dishing out Nespresso coffees to all of the mothers who had attended. Once she’d done this she then felt a little bit pressured within herself to do the same thing the next week, and the next and so on. She was even considering putting a little Nespresso Fund contribution box out on the kitchen worktop so that people could drop few pence in if they were feeling generous too. Who knows, she might even end up in pocket when she counts it up. :-) This may seem a little out of order but you can trust me when I say that it really does get expensive when you’re hosting lots of people on a regular basis. What’s the lesson here? If you don’t want your Nespresso capsules to deplete rapidly but you also don’t feel comfortable asking your friends to make a contribution, then be careful about how freely you dish out the Nespresso coffees from day one. ;-)

The answer to the original question in the title of this post then is that a Nespresso machine has the potential to be both a money saver and a money drain depending on how and when you use it.

Do you have a Nespresso machine? If so, do you think it is a money saver or a money drain?

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2 Responses to Nespresso Machine – Money Saver or Money Drain?

  1. Nicola says:

    We have a Tassimo machine, which uses pods too so essentially the same thing. When we first got the machine, I had one of the pods everyday, probably because it was new and a novelty. Since then, I have calmed down a lot and generally have one on Saturday and Sunday, as a treat at the weekend. I definitely think that if you weren’t careful, these coffee machines would certainly be a money drain!
    Nicola recently posted..Why Is It Wrong To Talk About Money?My Profile

  2. I had a coffee maker before, but it’s not working anymore. I’m a big fan of coffee too and I’m planning to buy a new one in the future, but as of now I’m good with an instant coffee.
    Clarisse @ Make Money Your Way recently posted..Credit scores demystified…My Profile

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