Laura

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Laura
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This Oughta Be Good

Life & Events > Savings Goals
 

Savings Goals





I saw this in the paper today:

What with hundred-billion-dollar bailouts and trillion-dollar deficits, one tends to forget that tens of billions is still quite a bit of money. Here are two interesting ways of looking at these astronomical numbers.

A million seconds is 12 days. A billion seconds is 31 years. A trillion seconds is 31,688 years. Or, to save a million dollars, just squirrel away $500 every week for 40 years. To save a billion dollars, stash $50,000 every week for 40 years. To save a trillion dollars, put by $500,000 every week for 40 years.

This is at the Bellagio, their fall display involving huge pumpkins (corner of one in the foreground) and lots of chrysanthemums:



This is a Grandma Moses print on fabric that my mother made into drapes for the basement in the house I grew up in. I found this framed piece in an antique store in Oklahoma.





posted on Nov 21, 2010 11:13 AM ()

Comments:

I am trying not to think of millions of seconds flying by while I wane. The only Grandma Moses painting I can think of is one of skaters on a pond. I wouldn't own one but our decor is totally European and it wouldn't go.
comment by tealstar on Nov 27, 2010 6:30 PM ()
Nice pics. The curly trees crack me up. They look like a display that the Wynn would have, rather than the Bellagio.
comment by drmaus on Nov 23, 2010 8:27 PM ()
Those are definitely interesting trees. I think they are wicker. We haven't been in the Wynn since it opened, need to get over there for an update to see how that particular look has held up over the years. We just realized I haven't been to the Encore (Wynn part two).
reply by troutbend on Nov 26, 2010 6:05 PM ()
Highly overrated, Grandma Moses, but being she's famous, I'd buy it.
The only thing that's preventing me from saving money to become a billionaire, is I won't live another 40 years.
comment by solitaire on Nov 22, 2010 6:32 AM ()
Yeah, no need to start at this late date.
reply by troutbend on Nov 26, 2010 6:06 PM ()
Those figures appalling. We inherited the depression so I am not going
to worry about future generations.
comment by elderjane on Nov 22, 2010 5:59 AM ()
There is a street advertisement near here: 'We hang Christmas lights. Packages starting at $550.' It reminds me that there are people who are so wealthy no depression/recession is going to touch them, and they will continue their spendy lifestyle while the middle class is homeless and starving.
reply by troutbend on Nov 26, 2010 6:08 PM ()
I can't wait to be in VEGAS!!!! And man, that billion thing is just scary...
comment by kristilyn3 on Nov 21, 2010 2:56 PM ()
Bring a coat, it's been cold.
reply by troutbend on Nov 26, 2010 6:08 PM ()
The Grandma Moses print is just all America--perfect fit for this time of the year!
comment by greatmartin on Nov 21, 2010 1:56 PM ()
My mother had this elderly friend who looked at those drapes with that picture and said: "Grandma Moses - that old fart knew what she was doing!" We just laughed and laughed.
reply by troutbend on Nov 26, 2010 6:10 PM ()
Okay, and the population of the US is 3.10 x 10 to the 8th, or 310 million. The estimated national debt is 13.8 x 10 to the 13th. That comes out to about 4.45 * 10 to the 5th, or about 450,000 per person. So if every man woman and child in the US kicked in $1.00 per day, and if the budget were strictly balanced, we could pay off the current national debt in twelve and a half years.

My math has to be wrong somewhere, right?
comment by zillahkatt on Nov 21, 2010 12:20 PM ()
These financial 'facts' all seem to depend on what the news media chooses to rile us up about this week.
reply by troutbend on Nov 26, 2010 6:12 PM ()
Nice try. I count on Paul Krugman and Robert Reich to explain the universal monetary mind-boggling ups and downs. It's all I can do to manage my own financial pittance month to month in the great scheme of things.

Love that Grandma Moses scene!
comment by marta on Nov 21, 2010 11:48 AM ()
It really is my favorite of all the ones she did, second place goes to the one about Halloween.
reply by troutbend on Nov 26, 2010 6:21 PM ()
I find it 'such' a relief, not to have in my bank the kind of figures you mentioned at the beginning of your post, to worry about . . . () . . .
Love the framed print
comment by augusta on Nov 21, 2010 11:22 AM ()
I think it is stunning!
reply by augusta on Nov 21, 2010 11:38 AM ()
I think it was of Grandma's better efforts, not as flat and primitive looking as some of her other landscapes. Those drapes were long-gone, but I found some smaller curtains on eBay, so I have a reasonable-sized piece to do something else with.
reply by troutbend on Nov 21, 2010 11:34 AM ()

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