07-25-05 The NWSYARF

I'd like to intrduce a new concept to the study of the field of economcs. It's called the Non-Working Sit on You Ass Return Capital (NWSYARC). Here's how the NWSYARC works. Use the following equation:

NWSYARC = Salary / NWSYARF

Where "Salary" is your current base salary, before taxes, and "NWSYARF" is the Non-Working Sit on Your Ass Return Factor. This factor is a decent intrest rate from a money market account, take this one, for exapmle. As of this writing, it is at 3.25%.

Let's say you earn $40,000 a year. Take $40,000 and divide by 0.0325, and you get $1230769.00. That is your NWSYARC. If you had $1,230,769.00 sitting in the bank in a crappy money market account right now, you could not work, sit on your ass all day, browsing the internet, watching , and make your same salary!

But, you don't, so you work instead. That's the lesson of the NWSYARC. You don't have it! Na Na Na Na Na Na.