Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Monday, 14 October 2024

Penny a Minute

If you were given 1 pence (cent) every minute, after one day you would have £14.40 because there is 1440 minutes in a day. 

After a week you would have £100.80, not bad for a gift. 

If you were given 1 pence per minute for a whole year, you would have £5256, enough to buy a low mileage second hand car. It would be enough to buy a decent overseas family holiday and have change left over for a top of the range electric bike or £2,500 spending money on your holiday. 

image generated by artificial intelligence (chatGPT)

If you divide £5,256 by 12, you would have a monthly sum of £438. Not bad if it was a second income. 

If you received 2p per minute, you would get £876 per month. 

If you received 3p per minute, you would get £1314 per month. 

If you received 4p per minute, you would get £1752
That would be enough to live on for most people at the time of writing this. 

Getting 5p per minute would give you a monthly income of £2190. Enough to live of comfortably at the time this post was written. 


Tuesday, 20 October 2020

ISSUE 10, 5 pence a minute

If you were paid 5 pence per minute continuously 24 hours a day....

• After one hour you would receive £3.

• After one day you would receive £72.

• After one week you would receive £504.

• You would receive on £2,184 on average every month.

• After one year you would receive £26,208 

At the time of writing this, that income would easily support most Brit's living costs.