how quickly inflation will eat our savings
In the short term things like this can happen. But if we are talking over 40-60 years historically there will be booms (and busts) to take advantage of if you don't give up. Yes they screwed us on pension / Social Security, that's why I don't plan on them.
I can only speak from my life experience, but when it came to my finances a lot of it was self imposed. Even after getting sober, I stayed in college longer than I should have, and didn't immediately chase money after graduation. Not to mention getting chronic illness from a bad vegetarian diet.
So much dumb crap I did, and still by God's grace I was able to grind enough to get into a good career. Would not wish those mistakes on my kids though.
But still, at what point in history could you make a living online as a skilled worker? It's a blessing, and there are still opportunities in this world. Even as it may be going to literal hell (but then again, it may not be yet).
how quickly inflation will eat our savings
In the short term things like this can happen. But if we are talking over 40-60 years historically there will be booms (and busts) to take advantage of if you don't give up. Yes they screwed us on pension / Social Security, that's why I don't plan on them.
I can only speak from my life experience, but when it came to my finances a lot of it was self imposed. Even after getting sober, I stayed in college longer than I should have, and didn't immediately chase money after graduation. Not to mention getting chronic illness from a bad vegetarian diet.
So much dumb crap I did, and still by God's grace I was able to grind enough to get into a good career. Would not wish those mistakes on my kids though.
But still, at what point in history could you make a living online as a skilled worker? It's a blessing, and there are still opportunities in this world.
In the short term things like this can happen. But if we are talking over 40-60 years historically there will be booms (and busts) to take advantage of if you don't give up. Yes they screwed us on pension / Social Security, that's why I don't plan on them.
I can only speak from my life experience, but when it came to my finances a lot of it was self imposed. Even after getting sober, I stayed in college longer than I should have, and didn't immediately chase money after graduation. Not to mention getting chronic illness from a bad vegetarian diet.
So much dumb crap I did, and still by God's grace I was able to grind enough to get into a good career. Would not wish those mistakes on my kids though.
But still, at what point in history could you make a living online as a skilled worker? It's a blessing, and there are still opportunities in this world.