“The general finance mentality is that you don’t spend a lot of money during the week, so during the weekend — the weekends that they are not working — they like to spend a lot. They want to get a girlfriend or just hook up with girls, and it takes money to go out and meet girls.”
Life happens in your 30s: you may make more as you partner up and/or advance in your career; but you might also get laid off, have children, go to grad school, move, buy a house, have to deal with the death of your parents, or face any of a number of other challenges that make you put saving on hold.
Meet your Next Gen financial overlords, America. They dine on caviar and apple juice.
Stocking up on GBP became my new hobby.
Men aren’t saving as much proportionally but, because of a glitch in the system that works in their favor (patriarchy), they have more total.
Success is not a straight line; success is a sine curve, even for the Internet famous. That can be really, really hard to remember, and harder still to admit.
Loans with collateral are referred to as “secured debt,” and loans without as “unsecured debt.”