• foggy@lemmy.world
    101·
    11 months ago

    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
      54·
      11 months ago

      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.devEnglish
        8·
        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.worldEnglish
        13·
        11 months ago

        It just time and diligence to save

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