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?
Bill