Cable television would be a great addition to the list. One could save at least $30/month if they cut cable TV service and it would [hopefully] get people outside and exercise.

I disagree on coffee. I do think buying it from Starbucks may not be the brightest financial decision but I am not sure there are many studies that show caffeine has any long term health costs associated with it. I think you could easily replace coffee on your list with diet drinks. They have the same issues with caffeine that you mention but also contain artificial sweeteners that have a long history of causing health issues.

Alcohol – yes in excess it is both a bad idea long term and short term from a health standpoint and financial standpoint. From a moderation standpoint, a single glass of red wine can be beneficial. It has other effects besides the antioxidants. It doesn’t have to be expensive wine either. Some very good ones exist at economical prices. Now if you don’t drink, don’t add win just for the health benefits. There are other ways to get it without the potential risk of alcoholism, excess consumption, etc. I would suggest replacing alcohol with cable tv. We spend far too much time sitting on the couch and watching tv. Obesity is a far greater long term risk than a glass of wine every night.

Grape juice has the same benefits without the effects of intoxication and of course, is much less expensive.