Uh, right. So for someone who is just getting by, does not "overspend" and does not have luxury items, how do they do this? I hear over and over the argument is: if you can not save money, you are overspending... well, if you are in the cheapest housing you can get, have no car, no hobbies, no expenses outside of food/shelter/water/electric bills, and you are not saving, what do you do? Too often I hear the well off say "just spend less".
I think the author is trying to get around the idea that people should actually get raises.
>> Have a higher savings rate
Uh, right. So for someone who is just getting by, does not "overspend" and does not have luxury items, how do they do this? I hear over and over the argument is: if you can not save money, you are overspending... well, if you are in the cheapest housing you can get, have no car, no hobbies, no expenses outside of food/shelter/water/electric bills, and you are not saving, what do you do? Too often I hear the well off say "just spend less".
I think the author is trying to get around the idea that people should actually get raises.