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Exactly, we can't even save our way to retirement (we need to invest), let alone expect frugality to translate to wealth. If you aren't in business for yourself

Exactly, we can't even save our way to retirement (we need to invest), let alone expect frugality to translate to wealth. If you aren't in business for yourself, pay raise is the way up.

cvwright 7y ago
> pay raise is the way up Not if the person spends it all, like they did the earlier lower salary. Better beer, bigger TV, new cars, etc and you can easily blow through quite a decent raise.
- slothtrop 7y ago
  Sure. But ultimately, spending it is what it's for.