4 ms·
Let me be precise: I would do nothing but encourage ANYONE to be financially literate. However, I did not feel this article did that. If anything, it portray
by existencebox 8y ago
Let me be precise: I would do nothing but encourage ANYONE to be financially literate.
However, I did not feel this article did that. If anything, it portrayed the FIRE group as "those weird nerds who find that number stuff cool." (which, while not necessarily incorrect for some of us, seems to bury the lede that ANYONE can take learnings from this)
What I felt was _lacking_ were the breadcrumbs (outside of the token reddit reference) towards financial literacy. I've seen far better introductions in that respect than this article. (In that vein I'd namedrop bogleheads as well, if anyone reading this is looking for other avenues)
I would also note that saving 60% of your salary for 10 years will only set it up if you're making well over the median US household income, which was a component of my original point.