For all you wine lovers in here

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For all you wine lovers in here

Post  BanditDave on Mon 21 Jul 2014, 3:12 pm

For all you wine lovers in here
I posted this on another website but thought you guys might enjoy it also'

I've obviously got too much spare time on my hands as I was pondering the cost of my wine habit.

Original bottle price $6.00
One bottle per day for 3 years 1000 bottles (approx.)

Scenario #1
Put $6000 into a bank at 3% p.a. interest
Use this money to purchase bottles every week over three year period
Interest on bank balance averages 3%p.a. of $3000 for three years = $90 p.a. x 3 = $270
(I think my calculation for bank interest may be a little incorrect!!)
Total cost (purchase price less savings from bank interest) = $6000 - $270 = $5730

Scenario #2
Original price $6000
Purchase 1000 bottles and receive a $1.00 per bottle discount
New total price $5000

I figure you are $730 better off.
Further savings come from not driving to the bottle shop every week for 3 years, a total of 150 trips.
I expect the supplier of the 1000 bottles would also deliver the order.

Hervey Bay, Queensland

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Re: For all you wine lovers in here

Post  paul on Mon 21 Jul 2014, 6:12 pm

My missus is starting to count the bottles as it is   lol! .................suppose she could lose count with 1,000 of them   ( or I wouldn't care LOL )  drunken Sleep

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