Woman: Do you drink beer?
Man: Yes
Woman: How many beers a day?
Man: Usually about three
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 three 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 an airplane?
Man: Do you drink beer?
Woman: No.
Man: Where is your airplane?
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