VID-20251210-WA0005.mp4
# general
m
VID-20251210-WA0005.mp4
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f
Thanks for sharing
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a

https://www.youtube.com/watch?v=SmzxNFlfWhcโ–พ

thankyou 1
c
Good idea I need to start having milkshakes Motzi Shabbos ๐Ÿ˜‰
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g
He should keep increasing the amount he puts aside as the cost of milkshakes in the store increases over the next 20 years ๐Ÿ™‚
c
A better idea would be to start his own milkshake business and sell to other people who don't care about their money then not only does he save he can become rich ๐Ÿ˜
g
And then he can buy another machine, and start selling more, and so on, until he has an empire. Then he can retire, and spend his motzai shabboses making milkshakes with his wife and son
c
@admim can we make a channel on how to make money off others who are anyways wasting their money ๐Ÿ˜Š
m
#C04GZT320JE ๐Ÿ˜‚
f
canwe get this guy involved here?
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t
the $1/month => 1k after 20 years does not seem to hold up (at 45:41) unless you're assuming a 12% return
m
That isn't unreasonable
t
as an average over 20 years? I usually use 8% as a reasonable number
m
Standard is 8 to 12
8 is very conservative traditionally
12 is very aggressive but not unreasonable
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I use 10
t
the $1->$1k is a very powerful message, even if its a little bit of a stretch. Makes it very tangible and easy to understand. Child is born, put $50/month into their account, you could end up with $50k to marry them off
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t
โ€œA better idea would be to start his own milkshake business and sell to other peopleโ€. This reminds me of something I saw at my old job. One of the women there would bring in extra portions of her own lunch. Other coworkers would buy it because it was cheaper/quicker than going out.
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b
> the $1/month => 1k after 20 years does not seem to hold up (at 45:41) unless you're assuming a 12% return Alternatively, he will adjust his weekly deposits to reflect the rising price of milkshakes over the 20 years.
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n
Hang on. $14 for a milkshake?? Whaaat?? Milkshakes are expensive, but not that expensive, at least last time I checked And why would it cost $4 at home? What milkshake ingredient costs that much? The numbers aren't making much sense
m
not so far off
n
Wow Obviously I agree with the sentiment and mentality. I can't even fathom spending $14 on a milkshake though, so this is so foreign to me
c
Lol, and it's probably cost them not $4 but $6
Then factor in machine cost + replacement
m
balitmore is 10.24 only a dollar cheaper than CH
wait with oat milk and drizzle its more than CH!
c
If we really want to save money I thing we should have. Competition on the cheapest simchos of the year ...instead of everyone competing on luxury we should compete on economics
Then you can open up a gemach to feed all the business owners that parnasaah depends on people spending soo much
It's one big circle
m
sounds like a feature request you can add to simcha compass https://frumfinance.featurebase.app/p/simchah-compass-budget-insights-feature
add a comment!
c
No, I'm talking about full page adds congratulating the winners
m
why canโ€™t that be part of it?
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f
I get the feeling that it wasnt milkshakes. going to a movie maybe?
m
So they started an at home production company? No way
i
Without any extra topping on uber eats
c
Is that ios or android
iOS is generally more expensive
i
Desktop Browser...
a
I now feel much better now about the slush machine I bought for Chanukah
c
But making this stuff at home defeats the entire point of going out to buy
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People need that feeling of being served
That's the cost...it's not about calories or hydration
a
For kids, they are either being served anyway, or they actually enjoy making it themselves and it's part of the fun
With adults I hear what you're saying, when I go for coffee with my wife, it's not just about the coffee
c
Yes, that's why I don't get why people go out to restaurants ...if you wanna go out. Just go out to a ice scream store or coffee shop
You can always heat a pizza at home
m
This guy has some great stuff! https://mendyfeferkorn.com/
@glamorous-eye-99651 He has joined us!! ๐Ÿ™‚
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f
can we have a new channel called #feferkorn? (95% kidding)
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m
Letโ€™s work on just making sure this space is interesting enough that he wants to stay ๐Ÿ™‚
g
I am honored and humbled to be part of this community
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f
I have seen your video for the first time (posted above), and have not even completed it. I have already shared it, twice!