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Tough life (lemmy.ml)

submitted 11 months ago by Kotsi3P0@lemmy.ml to c/memes@lemmy.ml

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[–] foggy@lemmy.world 8 points 11 months ago (1 children)

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

[–] bobs_monkey@lemm.ee 1 points 11 months ago (2 children)

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.

[–] los_chill@programming.dev 7 points 11 months ago

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?

[–] grue@lemmy.world -2 points 11 months ago

It just time and diligence to save

It's just having the self-control to live below your means.