View single post by DocPhil
 Posted: Wed Feb 17th, 2016 05:10 am
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DocPhil



Joined: Sat Sep 4th, 2010
Location: Melbourne , Australia
Posts: 823
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Mana: 
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: £3.50
Woman: And how long have you been drinking?
Man: About 20 years, I suppose
Woman: So a beer costs £3.50 and you have 3 beers a day which puts your spending each month at about £300. In one year, it would be approximately £3600 correct?
Man: Correct
Woman: If in 1 year you spend £3600, not accounting for inflation, the past 20 years puts your spending at £72,000, 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?