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:
So, where’s your
Ferrari?
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:
So, where’s your
Ferrari?