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Not that they _do_ reach it, but that they can. I think the general argument is that most people are not sufficiently financially literate to appreciate that th
by cloverich 5y ago
Not that they _do_ reach it, but that they can. I think the general argument is that most people are not sufficiently financially literate to appreciate that the path to a million dollars is paved with consistent savings and reasonable budgets.
- sidlls 5y agoIt's a bad argument, though. Financial literacy isn't even necessary, though it may help. Life happens, things occur that make sustained savings impractical or impossible, and so on.