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I think I'm in love. Seriosuly - with finance, it's going to make me money!! Today, I worked out my kiwisaver retirement funds. If I don't contribute anymore to the $1650 I already have I'm going to have about $50000 by the time I'm 65, assuming the interest rate is 8%. Holy crap! of course thats not going to happen I am going to be working before I'm 30 (stupid degrees take ages to get. Especially since I'm looking at a BCA/BA double degree with honours in economics) and so I worked it out starting from when I'm 30 and minimum contributions of 4% of 23,000 per year (thats roughly what you earn with minimum wage at $12.00/hr) and 8% I'm still going to have about 93,000 when I'm ready to retire. Wow of course none of this is ever going to happen. I am going to have a degree after all and will proberly end up working for 60,000 per year in some middle-upper management position in some faceless corporation. Just the way I want it. However there is A LOT of assumptions in this, minimum wage won't stay the same (especially if national or a more left-wing party gets into power) and 44 years into the future is a LONG LONG time. Who knows maybe the world could end by then.
I had my first experience with law today and I pity them that lecturer was awful. Maybe it's a test for them, see how much they can recall even after such a horrendous lecture. So anyways the reason why I was there is because I knew I had a class in the afternoon, I just turned up an hour early. As soon as the lecturer started talking I thought to myself "this isn't economics..." and I got boxed in so I couldn't leave. It was legal history and this old dude who dressed like a grandpa (complete with cardigan) was talking about the Treaty of Waitangi. I was soooo bored out of my mind! he just paced up the front TALKING!!! No visual stimulus or anything! and for a visual learner I'm sure you can see the problem...
"Did you find yourself wanting me? I guess you, like me, cannot forget... won't forget. I guess it hurts you because you're in love and shouldn't even be thinking of me." - Me
Music: Tegan and Sara - Nineteen
Mood:  In Love
Tags: finance
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