School Responsibilities
I will NEVER EVER forget my Econ 101 at UNO in my first year.
FIRST DAY of class, instructor polled class as to how much we think we will make upon graduation. The consensus was about $40,000 ( this was 1993/94 )
So he writes $40,000 at the top of chalk board.
Then says ok...gotta live somewhere. Rent. ( deducts )
Ok gotta pay utilities. ( deducts )
ok gotta eat ( deduction)
gotta have a car, right? gas? ( more deduction )
spending money. ( deduction )
Few more smaller items and the final number was around $3800.
So the class was all like " yeah thats for savings" and he was like " well done" and starts to walk off.
Then abruptly flips around and heads back and stares at board. Turns to the class and says " huh, ya know what we forgot"? Everyone like " ummm no you covered all"
TAXES. that $3800 in the black turned to $2600 in the RED
Never forget that lesson that day.