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Money and Finances
Reply to "PSA: Save early"
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[quote=Anonymous][quote=Anonymous]Saving early is for the rich. We both worked, but money was siphoned away to paying student loans, saving for a down payment, paying for that expensive house, childcare, paying for kids, and saving for college. Sure we started saving for college and increasing retirement savings in parallel b/c we can’t get loans for retirement, but saddling our kids with loans is an unpleasant trade off. Where does this early come into play? Our down payment for a standard 40s special in the DMV was $140k. That took forever to save for. [/quote] Rich don't save, they invest. Anyone with money in individual stocks made 3-5x their money since 2019. [/quote]
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