this post was submitted on 22 Dec 2024
57 points (98.3% liked)

Wikipedia

2003 readers
73 users here now

A place to share interesting articles from Wikipedia.

Rules:

Recommended:

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 1 month ago (10 children)

And then what? You die with a lot of savings? What are you saving for?

[–] [email protected] 9 points 1 month ago (4 children)

Splurging won’t make you happy in the longterm. Saving and buying your own home might. That’s why you want to save money, to have options available.

[–] [email protected] 8 points 1 month ago (1 children)

That would be great if the prices of houses didn’t rise faster than it is possible to save for the majority of people.

[–] [email protected] 2 points 1 month ago

That's true if you were just keeping savings in a non-interest bearing account. Stock market returns, however, have outpaced house prices.

load more comments (2 replies)
load more comments (7 replies)