My Latte Factor: Don't eat
David Bach has his Latte Factor™, well Frank the FSA has the Forgo Eating Factor™. Think about all the time you eat, it's practically every day! Take my family for example. We currently spend $100 a week on groceries and then another $100 a month eating out. That's over $6,000 a year on a wasteful process...namely eating. Our bodies are so bad at processing any type of food. Why do you think we need bathrooms?!?!
By not eating, we could take that $6,000, invest it in an aggresive mutual fund that returns 10% a year. Stick it in a Roth IRA so there are no taxes to worry about, and in 100 years you'd have ammased over $800 million dollars (which unfortunately is only a measly $39 mill in today's money)!
Plus there are additional benefits to not eating. Think how productive you can be if you don't have to waste time eating. Also, you save money on gas since you don't need to drive to the grocery store every week. Those additional savings will also compound on your existing not eating savings, and before you know it, you will be a millionaire.
Try to top that, Mr. David Bach.
Tags: personal finance humor kinda funny someone found that funny right maybe just a little bit
6:27 PM
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3 comments:
Personally, I wish I didn't have to sleep. It wouldn't save money (except we wouldn't need a bed), but I could potentially be more productive.
Or I would just watch more TV and browse the internet more.
Not eating also helps the obesity problem.
Let me know how no eating works for you. I'll check back in a month :-).
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