Comment on Born into crisis, gen Z is saving for retirement like no other generation

EndlessNightmare@reddthat.com ⁨1⁩ ⁨week⁩ ago

Saving more money has a double-effect: obviously the money that you are actually saving. But it also means that you are reducing your spending.

Going from saving 10% of your income to saving 20% of your income means that your spend/save ratio goes from 9:1 down to 4:1.

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