this post was submitted on 13 Oct 2024
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So, we eat cake, then? Tell us again how to isolate that 50% when so many people are food-insecure at 0% saved.
Doesn't have to be 50%, that's merely an example to illustrate the power of compounding & resisting lifestyle creep. If you take anything away, it's to try to save & invest what you can, as young as you can, and to resist the urge to "keep up with the Joneses". That will put you in a much healthier financial position. I don't know your situation, and you don't know mine.