40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’ - eviltoast
'I’m making the most money I've ever made, and I’m still living paycheck to paycheck'

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

  • UnfortunateDoorHinge@aussie.zone
    11·
    8 months ago

    I don’t know your situation, but investing is riskier than a savings account, that currently yeilds a high interest rate.

    If you need an emergency fund, make one in a high yield savings account first. My rough number is $10,000. “You’re missing out on the gains” is an incredibly shortsighted view people have in the stock market. “Gains” are made over 20 year periods.