You could buy a cheaper car, or a cheaper house, or cheaper clothes, and put the difference into an IRA. Yes some people must spend all their income on food an

You could buy a cheaper car, or a cheaper house, or cheaper clothes, and put the difference into an IRA. Yes some people must spend all their income on food and shelter. And government assistance stupidly penalizes people who try to save. But many people, even lower income people, could save a little. I think they have never been shown what the power of compounding can do over time. It is not intuitive, because the gains in early years are small.