“There’s this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.

  • Deceptichum@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    20
    arrow-down
    2
    ·
    edit-2
    9 months ago

    Every time ive tried investing, i had to take it out after a few months to pay for something thats popped up in life after other things have raided my savings.

    Investing is for people with a lot of excess cash.

    • phoneymouse@lemmy.world
      link
      fedilink
      arrow-up
      5
      arrow-down
      14
      ·
      9 months ago

      Precisely, which is why I don’t think my comment is directed at you. If you’re always trying to get ahead of the latest unexpected big expense, you’re not a “HENRY.”

        • Cryophilia@lemmy.world
          link
          fedilink
          arrow-up
          1
          arrow-down
          4
          ·
          9 months ago

          Not necessarily. It’s what living paycheck to paycheck is if you’re poor. If you make a lot of money but spend a lot of money on unnecessary things you can also be paycheck to paycheck.