Have a great weekend. Make time for the ones you love.
The answer to the eternal question "Is it better to be a jock or a nerd?"
Michael Jordan makes over $300,000 a game. With $40 million in endorsements, he makes $178,100 a day, working or not.
If he sleeps 7 hours a night, he makes $52,000 every night while visions of sugarplums dance in his head.
If he goes to see a movie, it'll cost him $7.00, but he'll make $18,550 while he's there.
If he wanted to save up for a new Mercedes S-Class ($90,000) it would take him a whole 12 hours.
Assuming he puts the federal maximum of 15% of his income into a tax deferred account (401k), he will hit the federal cap of $9500 at 8:30 a.m. on January 1st.
If you were given a penny for every 10 dollars he made, you'd be living comfortably at $65,000 a year.
Amazing isn't it?
However, if Jordan saves 100% of his income for the next 250 years, he'll still have less than Bill Gates has today.
Game over. Nerd wins.