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Unfortunately you still lost 35% of your purchasing power unless you put it in the market
by throw9away6 3y ago
Unfortunately you still lost 35% of your purchasing power unless you put it in the market
- Always_Anon 3y agoOf course! A large portion of it went into the market, with great returns. Maxed out 401k, IRA, paid off my school loans, etc. Pandemic time was sweet financially, honestly.
- __rito__ 3y agoI started earning during the pandemic and had a sweet life. There was no place to spend money other than buying stuff from Amazon, and streaming subscriptions. I saved a lot and expected my life to be this easy, always. Then came late 2021 and 2022. I wouldn’t understand the hole in my pocket and failed to save even okay amounts. I got in touch with seniors, asked dad, and read up on financial hanits and markets, and I am slowly on the track to becoming a financially responsible adult. In the last 4-5 months, I have saved well. Now I wish I had saved much more during the pandemic years. Life was sweet and easy then. Could save so much even after spending a lot.
- throw9away6 3y agoIf you had negative networth you came out ahead
- 90d 3y agoAnd if you put it into the market today they can help you lose the rest. Better late than never!