• foggy@lemmy.world
      91·
      10 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
        42·
        10 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
          7·
          10 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
          12·
          10 months ago

          It just time and diligence to save

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