How Much Can You Save?

Discussion in 'Wealth Creation & Management' started by House, Sep 14, 2015.

  1. House

    House Well-Known Member Silver Stacker

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    House, Sep 14, 2015
    #1
  2. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    That just tells me Coffee & Beer are overpriced here. :p
     
    Silver Soul, Sep 14, 2015
    #2
  3. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    It tells me that addictive and psychoactive substances are a good investment :)
     
    SpacePete, Sep 14, 2015
    #3
  4. raven

    raven Well-Known Member Silver Stacker

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    can't live without my mum though !
    :)

    (remember that add ?)
     
    raven, Sep 14, 2015
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  5. serial

    serial Well-Known Member Silver Stacker

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    with respect those figures are total bs based on an over inflated price for beer/coffee and guaranteed returns on the stock market. That is a tool that says to me instead of enjoying the coffee and beer, invest the money in super so the super managers get their coffee and beer as they lose your money on the stock market.
    reminds me of this joke
    Lady: Do you smoke?
    Guy: Yes I do.
    Lady: How many packs a day?
    Guy: 3 packs.
    Lady: How much per pack?
    Guy: $10.00 per pack.
    Lady: And how long have you been smoking?
    Guy: 15 years
    Lady: So 1 pack is $10.00 and you have been smoking 3 packs a day which puts your spending per month at $900. In 1 year, it would have been $10,800. Correct?
    Guy: Correct.
    Lady: If 1 year you spend $10,800, not accounting for inflation, the past 15 years puts your spending total at $162,000. Correct?
    Guy: Correct.
    Lady: Do you know if you hadn't smoke, that money could have been put in a step-up interest savings account and after accounting for compound interest for the past 15 years, you could have by now bought a Ferrari?
    Guy: Oh. Do you smoke?
    Lady: No.
    Guy: Then where's your fucking Ferrari? grin emoticon
     
    serial, Sep 14, 2015
    #5
  6. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Value is subjective. ;)
     
    mmm....shiney!, Sep 14, 2015
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  7. raven

    raven Well-Known Member Silver Stacker

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    may as well have a scotch then House !
    :)
     
    raven, Sep 14, 2015
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  8. House

    House Well-Known Member Silver Stacker

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    Those prices are very indicitve of Sydney prices.

    Given that most people don't know how much they have in Super, how it's performing (or even care), that the Super managers get their fee regardless of how much more you put in and that the average male aged 60 to 65 has an account balance of $114,000... I think I'll happily do it.

    In 30 years times I'll be able to use all those savings to buy a single beer :lol:
     
    House, Sep 14, 2015
    #8
  9. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Don't forget, you gotta enjoy life too!

    [​IMG]
     
    Clawhammer, Sep 14, 2015
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  10. House

    House Well-Known Member Silver Stacker

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    Can't, costs $16 for one when I'm out! Though I have switched out my usual $140 bottle for the surprisingly not too shabby Glen Grant for $40, will save millions over the years :D
     
    House, Sep 14, 2015
    #10
  11. raven

    raven Well-Known Member Silver Stacker

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    that's the way !
     
    raven, Sep 14, 2015
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  12. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    Not if you get a dollar coffee at 7/11.

    I used to get a few coffee's (cappucino) a day at coffee shop costing $4 a pop. Now I get them at 7/11 and they taste nearly as good. :)
     
    Skyrocket, Sep 14, 2015
    #12
  13. raven

    raven Well-Known Member Silver Stacker

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    ^^^^^^

    untill you get salmonella !
     
    raven, Sep 14, 2015
    #13
  14. CFP

    CFP New Member

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    I was at Circular Quay in 2008 and they charged me $5.50 for a 390ml bottle of coke,
    I asked the guy what scotch came with that?
     
    CFP, Sep 14, 2015
    #14
  15. willrocks

    willrocks Well-Known Member Silver Stacker

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    You could always DIY. Roasted dandelion root coffee, and goon.
     
    willrocks, Sep 14, 2015
    #15
  16. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    Back shed goon. Yum :)
     
    Silver Soul, Sep 14, 2015
    #16

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