Friday, November 19, 2010

Planning Time: Doing Things Differently...

Hi Max!

Here's a story with a point that I thought you would eventually appreciate (once you're older :)

Doing Things Differently

By: Michael J. Maher

Before going to Europe on business, a man drives his Rolls-Royce to a downtown New York City bank and asks for an immediate loan of $5,000. The loan officer, taken aback, requests collateral. "Well then, here are the keys to my Rolls-Royce," the man says. The loan officer promptly has the car driven into the bank's underground parking for safe keeping and gives the man the $5,000.

Two weeks later, the man walks through the bank's doors and asks to settle up his loan and get his car back. "That will be $5,000 in principal, and $15.40 in interest," the loan officer says. The man writes out a check and starts to walk away.

"Wait, sir," the loan officer says. "You are a millionaire. Why in the world would you need to borrow $5,000?" The man smiles, "Where else could I find a safer place to park my Rolls-Royce in Manhattan for two weeks and pay only $15.40?" :)

To Your Success,

Max's Dad (Michael)

P.S. Max, just wanted you to see that there are different, creative ways to do things. I love you son! :)