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To follow up with the approach: As engineers, this is actually a very easy problem to solve multi-generationally individually for us. It is a resource constrai
by czbond 6y ago
To follow up with the approach:
As engineers, this is actually a very easy problem to solve multi-generationally individually for us. It is a resource constraint algorithm.
I believe the "habit" should be modified. Educate to begin saving small sums from ages 15-23. More from 24-30. Lot more as career progresses. Savings over 50 years for individuals, then pass a part on to their kids so it can compound another 70 years. Do that a few generations, and the compounding IS big.
My take away is any family, from anywhere, can become wealthy in their future lineage. Which is an amazing thought. If you are reading this, your family can! THAT is amazing - mainly bc this game has been around for thousands of years, and only a subsection act on it.