this post was submitted on 20 Nov 2023
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[–] [email protected] 0 points 1 year ago (5 children)

Save 15-25% of your income for retirement and future expenses, then spend the rest on whatever you want.

[–] [email protected] 15 points 1 year ago (2 children)

Spend 60% of your income on rent, then spend the rest on various other necessities and have nothing left over to save.

Welcome to modern Western society.

[–] [email protected] 6 points 1 year ago

Excuse me sir, where is the crippling debt from not being able to afford any slight inconvenience?

[–] [email protected] 1 points 1 year ago

Unfortunately. I can't hit it either, trying my best.

[–] [email protected] 10 points 1 year ago (1 children)

pay people enough to be able to first

[–] [email protected] 4 points 1 year ago (1 children)

How do people not think of that, putting a quarter of your income away monthly, so obvious, I wonder why they don't do it

Also a "retirement" implies a functioning biosphere in which to retire, fat chance.

[–] [email protected] 4 points 1 year ago* (last edited 1 year ago) (1 children)

I don't think its easy, or reasonable. Part of my point is specifically that it's unattainable for most.

[–] [email protected] 2 points 1 year ago

Ah, fair enough.

[–] [email protected] 3 points 1 year ago (1 children)

if i saved that high of a percentage i would not be able to heat house and eat

[–] [email protected] 2 points 1 year ago

Yep, I can't make it myself either. I just shoot for it when I can.

[–] [email protected] 2 points 1 year ago

gripping experiences such as: not being homeless, not starving