Just let your wealth compound over time and you’ll be a millionaire, the advice goes. If this is true why aren’t more people rich?UNDERSTAND, SHARE & PUSH BACK

  • glimse@lemmy.world
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    10 hours ago

    There’s not enough patience in the world to make compound interest work for someone who lacks the expendable income upfront

    • FlashMobOfOne@lemmy.world
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      10 hours ago

      You’re not wrong.

      But there’s also definitely not enough patience on the part of people who do either.