• 4 Posts
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Joined 1 year ago
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Cake day: December 13th, 2024

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  • Yes, some of them are stupid because this is not restrained to the working poor. Those people are stuck but they are not the entire scope.

    This includes professionals making stupid financial decisions.

    This includes people who are working at companies that have company matching but not investing to receive free money is stupid.

    This includes people who have cars worth more because the idea of driving and maintaining an older vehicle is a hit to vanity.

    The joke is to say it’s avocado toast or Starbucks and the reality is it is sometimes lifesystle choices.

    The issue is 401ks were never a good solution. The level of financial literacy to properly manage one is clearly not universal.

    However, the financial stupidity of these people is not an excuse for the richest country in the world to allow a situation the prevents retirement but no one wants to talk about that.

    Instead we talk over each other about the symptoms pretending they’re the disease when the real disease and it’s cure is obvious, fund retirements not the military.

    Social security is basic income for the infirmed but it doesn’t pay out enough for survival.



  • My favorite part is how they think they understand. They always think they do.

    Indistinguishable from arguing with an above average Trump supporter. Or religion for a less inflammatory comparison.

    Its called Believe Perseverance. What’s weird is how widely it get applied. We’re not even talking about specific ideologies but it’s still being used as a defense mechanism.