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Money and Finances
Reply to "People who don't save for retirement"
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[quote=Anonymous][quote=Anonymous]To invest you need some money. If you're working to survive how much money do you have that's just laying around?? I mean you can't save for anything if you don't make enough to live. It's nothing to do with the choice of investing for many. We live in a purely capitalistic society. That means that some have more means than others. For a substantial % of Americans they cannot afford to invest for retirement. [/quote] I was a minimum wage worker who invested ca $500 a month and retired very early. Last thing minimum wage worker needs is to believe that it's the income. It's so many other things, but it's not the income. If any, the low income is the reason they need to do all those other things. I can start with $0 tomorrow making minimum wage and be out of poverty in a year. [/quote]
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