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What are some adulting life hacks that you think others could benefit by learning about them? (lemmy.world)

submitted 1 month ago by return2ozma@lemmy.world to c/asklemmy@lemmy.ml

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[–] corsicanguppy@lemmy.ca 14 points 1 month ago (1 children)

Save & invest 50% of your paycheck

So, we eat cake, then? Tell us again how to isolate that 50% when so many people are food-insecure at 0% saved.

[–] kambusha@sh.itjust.works 0 points 1 month ago

Doesn't have to be 50%, that's merely an example to illustrate the power of compounding & resisting lifestyle creep. If you take anything away, it's to try to save & invest what you can, as young as you can, and to resist the urge to "keep up with the Joneses". That will put you in a much healthier financial position. I don't know your situation, and you don't know mine.