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> What’s retirement? Sounds boring. I’m single, I have no money saved up, I’ve lived paycheck to paycheck. My fault. I didn’t think about retirement growing up.
by tsm 9y ago
> What’s retirement? Sounds boring. I’m single, I have no money saved up, I’ve lived paycheck to paycheck. My fault. I didn’t think about retirement growing up. This is the first time I’ve ever made decent money in my life.
> I bought me a brand-new car, a 2017 Chevrolet, two days after I hit this town.
I don't know what the answer is, but there must be a better way of educating people about their finances.
- deleted 9y ago[deleted]
- titanomachy 9y agoYou mean a better way than car commercials? There's no money to be made by teaching people financial responsibility... Lots of money in convincing them to buy cars, though.
- Neliquat 9y agoOne could argue with one, people would buy more of the other. Now that most rent, a car will be the biggest single financial decision most people make in their lives. Kinda weird, but preparing people for it would help it happen more. I know people who feel they are too poor to even aspire to a car these days. Its not true, but it is the best of their knowledge. Surely there is wide reaching opprotunity to be had here.
- deleted 9y ago[deleted]
- ionised 9y agoIt needs to start from a young age. Keeping people ignorant of savings, debt, credit etc. seems to benefit a certain section of the financial services though.