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SAVING FOR THE FUTURE.......NOT.....GIVING UP BEER......NOT.....LOL

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SAVING FOR THE FUTURE.......NOT.....GIVING UP BEER......NOT.....LOL Empty SAVING FOR THE FUTURE.......NOT.....GIVING UP BEER......NOT.....LOL

Post by Jim W Tue Nov 04, 2014 5:57 pm









Critical Thinking At Its Best!


Woman:
Do you drink beer?


Man:
Yes

Woman:
How many beers a day?

Man:
Usually about 3

Woman:

How much do you pay per beer?

Man:
$5.00 which includes a tip
(This is where it gets scary !)

Woman:
And how long have you been drinking?

Man:
About 20 years, I suppose

Woman:
So a beer costs $5 and you have 3 beers a day which puts your spending each month at $450. In one year, it would be approximately $5400 correct?

Man:
Correct

Woman:
If in 1 year you spend $5400, not accounting for inflation, the past
20 years puts your spending at $108,000, correct?

Man:
Correct

Woman:
Do you know that if you didn't drink so much beer, that money could have been put in a step-up interest savings account and after accounting for compound interest for the past 20 years, you could have now bought a Ferrari?

Man:
Do you drink beer?

Woman:
No

Man:Where's your Ferrari?
Jim W
Jim W
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Posts : 5152
Join date : 2010-04-24
Age : 73
Location : Chapala
Humor : Whenever I need it!

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