4 ms·
@toomuchtodo >>applicable to the majority of people? >Have job that pays median US wage or above. This requirement and solution are a mis-match.
by wavefunction 11y ago
@toomuchtodo
>>applicable to the majority of people?
>Have job that pays median US wage or above.
This requirement and solution are a mis-match.
- toomuchtodo 11y agoUpdated to: "Make more than you spend and save combined"
- rdiddly 11y agoWait, why? Where does the money go that is neither spent nor saved?
- toomuchtodo 11y agoIncome - savings - spending = 0. If you're spending and saving (combined) more than you're income, that's debt. Your goal should be to maximize the savings section of the equation, and minimize spending.
- thedufer 11y agoWhat does that mean? Where does the extra money go? Under normal definitions, income = spend + save. That's not an equation to be optimized; it's a tautology.