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  • Nyxias@fedia.io
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    1 day ago

    People really do underestimate what a single million can do for someone. They always sometimes say “I need 3 Million” or “I want to be a multi-millionaire!”

    No you don’t. A single million can guarantee a single individual 15 years rent-worry-free of a $2,000 a month spot of an apartment of their choice. That’s $360,000 with lots of space. You can have 15 years of guaranteed full-fridge and cupboards of groceries with a total of $48,600, basing on the top average an American spends on groceries which is 270. You can have 15 years of guaranteed gas to fill your vehicle with, with the national average an American pays at the pump to fill a whole tank is $50, factoring how many times they have to do it a month and with 15 years it’s a little over $270,000.

    And with all of those example values combined, it would total $678,600 with so much room leftover to do whatever the fuck you want with the remnants.

    That’s why I solely believe that no singular individual should ever possess a gross amount of money. And that’s what we’re seeing, people making multi-millions and billions, some people are now about to cap and become trillionaires in the future. They don’t even know what to fucking do with that amount except try and live big, acquire things to fuck them over at the expense of everyone and status, that’s all it really has been about.

    • Tinidril@midwest.social
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      24 hours ago

      You aren’t considering inflation which is about to go insane, and especially healthcare costs that become a much bigger deal in the years when you would come to rely on that million. A million is pretty much a bare bones retirement egg today.

      • Nyxias@fedia.io
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        23 hours ago

        I don’t factor them in because I only stated examples.

        If you’re not moderate with money, it will never last, regardless of how much you have.

        If you moderate your money wisely, it will last.