• KairuByte@lemmy.dbzer0.com
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    2 months ago

    When you’ve got $1k in the bank, and you need 100% of that to live, you can’t really save.

    When you’ve got 1 million in a proper savings account, you’re getting enough a year to technically live off of through just interest.

    Properly invest that 1 million and you can comfortably live off the interest alone, and even compound that interest.