@[email protected] to [email protected] • 10 months agoTough lifelemmy.mlimagemessage-square35fedilinkarrow-up1482arrow-down130
arrow-up1452arrow-down1imageTough lifelemmy.ml@[email protected] to [email protected] • 10 months agomessage-square35fedilink
minus-square@[email protected]linkfedilink9•10 months agoCompounding interest is a hell of a drug. Saving anything is infinitely better than saving nothing. Retiring is possible for anyone with an education, but it is a sacrifice, and a gamble on not dying
minus-square@[email protected]linkfedilink1•10 months agoAnyone can save for retirement, even without a formal education. It just time and diligence to save, and then some reading to learn how to invest.
minus-square@los_chilllinkEnglish8•10 months agoAll of that requires a livable wage first. How many times do people have to prove that no amount of “dilligence” will allow people to live, let alone save on minimum wage in most places?
minus-square@[email protected]linkfedilinkEnglish-2•10 months ago It just time and diligence to save It’s just having the self-control to live below your means.
Compounding interest is a hell of a drug.
Saving anything is infinitely better than saving nothing.
Retiring is possible for anyone with an education, but it is a sacrifice, and a gamble on not dying
Anyone can save for retirement, even without a formal education. It just time and diligence to save, and then some reading to learn how to invest.
All of that requires a livable wage first. How many times do people have to prove that no amount of “dilligence” will allow people to live, let alone save on minimum wage in most places?
It’s just having the self-control to live below your means.