Thursday, February 9, 2012

How much is a billion dollars?

I have been very fascinated with this question ever since I read it in the December 2011 issue of Forbes magazine Indonesia edition. 

It is one thousand one million dollars. How do you contextualize how much that it?

This is how much it is and I am regurgitating from memory what I read. If a baby is born and is given a billion dollars, the baby can have a million dollars every year of his life. Does no work, does not reinvest the money, etc. The baby can spend about three thousand dollars a day. And assuming the baby lives till a hundred years old, when the baby dies, there will still be 900 million dollars in the bank.

What is your financial goal?

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