[woofa.express]

I'm having a whinge.

I started my business in 1980. To raise the capital I sold my house and my parents lent me 20k. In addition I raised money through a broker to purchase my first ag plane. A credit squeeze prevailed at the time and the interest on the plane was 20%. Interest on my overdraft was also 20% but when I exceeded the agreed amount it rose to 24%. That not the excess, that’s 24% on the lot. Nothing was easy and not to mention the drought we had in 1982.
My pilot licence expires in August and I don’t plan to renew it. I now live off my savings and have them deposited securely in the bank as Mr Bank’s general manager said (Mary Poppins). These savings attract an interestrate of some 2%.
At 24% my overdraft doubled in 3 years and at 2% my savings doubles in 36 years but my need to eat is eroding them.
I guess I’m not Robinson Crusoe am I?