When I figured this out, I $#!+ bricks

[gliderpilot567]

Every $100 you spend is going to cost you a penny a day for the rest of your life.

Probably more, actually. The above assumes your money only earns 3.65% annually, but this figure is close enough to the typical 4% SWR to make a good analogy.

Makes me spend less when I think of all my expenditures in this way!

[g-in-aus]

not just for the rest of your life, but to whoever you choose to leave it to until the end of capitalist civilisation/expansion/innovation.

[tobitonic]

Hah. I feel this kind of mindset can lead to madness.

[aceyou]

Mustachian Water Torture....drip, drip...penny...penny...penny...noooooooooo!!!!!!

[Hotstreak]

Every $100 you spend is going to cost you a penny a day for the rest of your life.

Probably more, actually. The above assumes your money only earns 3.65% annually, but this figure is close enough to the typical 4% SWR to make a good analogy.

Makes me spend less when I think of all my expenditures in this way!

Interesting, I like it!

[Chris22]

A penny a day sounds severe, but if I figure at 34 I have 50 years left, that's only $182.50.

[gliderpilot567]

A penny a day sounds severe, but if I figure at 34 I have 50 years left, that's only $182.50.

Yup, that's another way to think of it. So at age 34, if you're gonna live to be 84, then your $100 expenditure really costs you $282.50. If made at age 75, the $100 expenditure only costs you $132.85.

The 18 year old who spends $100 of his first paycheck for some frivolity, really spends $340.90.

Or one final other way... at age 57, things cost double. At age 30, things cost triple.

And I totally agree that this type of thinking will eventually lead to madness! But it's a really fun and interesting way to play with the numbers. It also turns me into a cheapass scrooge.

[Daley]

I know you're not gonna throw that away. Eat that. That's thirty cent worth of oatmeal.

[Bertram]

I know you're not gonna throw that away. Eat that. That's thirty cent worth of oatmeal.

That was glorious!

[steviesterno]

and if a frog had wings he wouldn't bump his ass when he hopped!


you can play the if game all day and just make yourself crazy. If i invested the money i spent dating anyone who isn't my wife, I would have a lambo in my garage. but if I left for school one minute later on a random tuesday I would be hit by a bus instead of just bored in traffic. I'm trying to play less of these games about the past, and more about the future... If I put this money in Vanguard now, I will have more later. Vacation now or vacation home in 20 years?