Wednesday, November 19, 2008

Why you should give up drinking booze

So last night, feeling sorry for myself, I went to a bar by myself and drank two drinks.

Cost of each drink: $5, tip to cute bar-maid: $2.

$14 for two drinks.

I probably drink three times a week. Cost: $42 -- except most bars aren't as cheap as Daddy's (In Williamsburg, Brooklyn, New York, United States).

So let's say $50 for easy math.

That's $200 a month.

$2400 a year

$24,000 a decade

$120,000 over 50 years

If you figure in compound interest it's something like:
1.5 million!

http://www.moneychimp.com/calculator/compound_interest_calculator.htm

Now let's look at what I did on the way home.

I got the booze munchies, a common phenomenon for me.

So I spent another $15 on chips, salsa and a other goodies.

Now we're starting to talk some major money.

That's why I think I'm going to quit drinking.

No comments: