How maximizing Starbucks benefits helps my family stay debt-free

I’ve been a Starbucks partner for 22 years, and during that time I’ve taken full advantage of the financial wellness benefits available to us, including savings through Fidelity, the 401(k), Stock Investment Plan (SIP) and Bean Stock. Starbucks provides many financial benefits, but the most important part of becoming a partner is knowing about the benefits and taking steps to enroll.  

These benefits helped our daughters graduate from college debt‑free and supported important life moments, like weddings, through a combination of Bean Stock and SIP.  

Financial responsibility has always been a priority in our family. Part of parenting is teaching them solid financial responsibility. We did this by talking about and modeling sound financial decisions. We have always been committed to being debt-free, aside from our home. We have modeled a commitment to saving 10-15% of our income, investing for our future and maximizing our 401(k). We have taught them that if your company offers any matched funds, that is free money, and at the very least, you should invest enough to receive the full match!