News and Discussions about Reddit
Welcome to !reddit. This is a community for all news and discussions about Reddit.
The rules for posting and commenting, besides the rules defined here for lemmy.world, are as follows:
Rules
Rule 1- No brigading.
**You may not encourage brigading any communities or subreddits in any way. **
YSKs are about self-improvement on how to do things.
Rule 2- No illegal or NSFW or gore content.
**No illegal or NSFW or gore content. **
Rule 3- Do not seek mental, medical and professional help here.
Do not seek mental, medical and professional help here. Breaking this rule will not get you or your post removed, but it will put you at risk, and possibly in danger.
Rule 4- No self promotion or upvote-farming of any kind.
That's it.
Rule 5- No baiting or sealioning or promoting an agenda.
Posts and comments which, instead of being of an innocuous nature, are specifically intended (based on reports and in the opinion of our crack moderation team) to bait users into ideological wars on charged political topics will be removed and the authors warned - or banned - depending on severity.
Rule 6- Regarding META posts.
Provided it is about the community itself, you may post non-Reddit posts using the [META] tag on your post title.
Rule 7- You can't harass or disturb other members.
If you vocally harass or discriminate against any individual member, you will be removed.
Likewise, if you are a member, sympathiser or a resemblant of a movement that is known to largely hate, mock, discriminate against, and/or want to take lives of a group of people, and you were provably vocal about your hate, then you will be banned on sight.
Rule 8- All comments should try to stay relevant to their parent content.
Rule 9- Reposts from other platforms are not allowed.
Let everyone have their own content.
Rule 10- Majority of bots aren't allowed to participate here. This includes using AI responses and summaries.
view the rest of the comments
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.
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.
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.