Savings Shavings

Below mentioned information appeared in The Wall Street Journal. It summarizes the cost of having a clean shave in 'Developed Nations'. I had my imagination fly and I had a few views:

(1) Cost of a shave in Newyork is US$ 35 which is equal to Rs.1575, and in London or Hongkong it is US$ 45 which is equal to Rs.2025.
(2) If this cost of shaving could be saved by two times a month, then at 12% returns per annum Rs.2000 * 2 would have grown to Rs.51000 (US$ 1138). And had this saving be done for three years in a row, then the money could have grown to a corpus of Rs.1,74,000 ( US$ 3867). Interest earned on this shaving corpus fund could be used for the ultimate purpose : have a clean shave without dipping on the kitty.

But as many of us know, citizens of so called developed nations never save. Further then run their life on credit cards and liabilities. As a result, neither the saving happens nor does he have money to have a clean shave. I am not sure if this is the reason for seeing many with beard in their face !!!