He knows. He just wants it made clear how much better he is than those losers.

Is this intended as an argument for breaking up Amazon?

Of course. Trolls only played the “everybody I know” card because it’s impossible to refute. I’d also say your claim that saving that much is not “trivially easy” is a straw man/truism. Most people don’t do it and would like too, so it can’t be “trivially easy”. But at the same time it’s within reach of a huge swath of 30 year olds who aren’t doing it in addition to the huge swath that already are.

What? I could rattle off 50 25-33 year olds with $600 a month they could save (on top of whatever they are already contributing to their 401ks already) and I would only need to include people I’ve personally conversed with in the past month or two to do it. It’s literally anyone with a good job in a major city that fits that age criteria and doesn’t spend recklessly.


I’m not saying it’s common in middle America or for people without corporate jobs they got out of college but it’s not unheard of by any means in any of the top 25 most populous cities.

I don’t think anyone is saying that’s normal for poor people but the guy above asked about 30 year olds we know. Most people on 2p2 earn a well above average income and associate with a lot of other people who also make well above average incomes. It’s not unheard of for someone to make 80k-250k at 30 years old and I’m sure plenty of posters in this thread are around that age and income and know others around that age and income. For those people it should be fairly trivial to rattle off a mental list of people who could put away $600 a month.

Rates dropping. Debt became cheaper and Canadians gobbled it up. Rates dropped in the US too but the recession had an impact on curbing American appetite for debt at that time. Also banks weren't "lending" like they used to after the financial crisis.

Not at all, I stopped eating out for 5-6 months and saved minimum $400 in aggregate food wise. I'm sure plenty of 20-30 year olds are leaking tons of money in non supermarket food.

I definitely didn't live like a hermit even during those eating in months.

Im not sure how many posters itt are 30 and in the 98% income percentile.

That said 80-250 is meaningless range.

( 80K is 81% percentile.)

Need another way to save money as dont eat out much.

Eat less in general?

Use less cable, go on less vacations, buy fewer electronics...

If you had $400 extra from eating out I don't see how you're only making 50k a year? Maybe you could give us a rough budget, what are you paying for rent, electricity, cable, parking, food something like that.

Are you having any red bull? Or lobster? From what I know of lazy poors from this forum they are crazy for red bull.

Americans can easily shave off 1K a month on food based off their BMI indexes.

What about Europeans?

Also lol that my dont eat out post has kept the saving advice train choo chooing.

I'm still waiting to hear how someone making 50k can have a spare 400 a month in food expenses.

When I was making less than that straight out of school 8 years ago I was spending $800-1000 a month on food and drink. It’s pretty easy to get that down into the $400-600 range considering I probably spent $200+ on alcohol and ate lunch out every single day at work. I also ate dinner out more than I ate in. It actually seems pretty trivial for most guys I knew right out of college to do that. If drinks don’t count then yea it’s tighter without specifically working to cook very cheaply/shopping with coupons but it’s still doable.

Jfc

If the only way to savings heaven being advocated here is for young people to deny their natural urges to go out socially, which involves spending money, then **** that **** for an idea you boring bastards.

Then stop complaining about having no excess money to save. The violin is getting smaller and smaller. If you can't afford a certain lifestyle, don't live it?

We could afford it just fine if we took the money we created off Jeff Bezos and friends. They stole that value from us and you're blaming the victim.

Time for you to buy stock in Amazon and join in on the party. Jeff Bezos is graciously letting you in on this grift. He makes more money by stealing from you, and you make more money from Amazon shares going up!

FWIW, I have a simple and highly desirable route to saving. Just get rid of the horses.

A sovereign wealth fund would be better. Use progressive taxation to buy stock to give universal benifits. That way a middle class 20 year old doesn't have to live like a hermit to avoid moral condemnation.

This has the benefit of smoothing the curve of income over one's lifetime, giving more money to 20 and 30 year olds who have little money and taking from 50 to 60 year olds who have a lot of money, and promotes more equality, taking money from the millionaires who are drinking and eating/consuming at rates much higher than the middle to lower classes that you're condescending to while never having to listen to Tien's morality tales and giving it to those who need it more.

Tien is wrong.

About everything.