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Just because savings won't last more than a year doesn't mean those savings aren't the product of a decade of work.
by progman32 4y ago
Just because savings won't last more than a year doesn't mean those savings aren't the product of a decade of work.
- thaumasiotes 4y agoMost people do not have savings that are the product of more than a year of work.
- progman32 4y agoThink I'm missing your point. Are you suggesting that most people have total savings < one year's income?
- ddingus 4y agoMost people do have savings considerably less than a years income.
- thaumasiotes 4y agoI'm saying something much stronger than that! Most people, at some point within the past one year, had total savings of zero or less. Most people do not have more than a year of savings, because they haven't spent more than a year saving.