Why don’t middle class people save?

[Anonymous No.15923723]

I know several people working in banking, Consultancy and IT. When I asked them how long they would last without a job they said 3-6 months. Like wtf? Where does all that money go to?

[Anonymous No.15923733]

>>15923723
Holiday and cruises

[Anonymous No.15923758]

>>15923723
In a free market, the economy is as efficient as money is circulating so over time, unless you're in the top 0.1% in a western country, which is like 0.001% in the world, there's always "good" ways to spend because even if you have a raise, you can always have a better house, better car, travel more, change house, buy technology, eat out and do other things that quickly spend the money and normalfags love that.

The only way to save and be completely safe against things like losing your job is live below your means but not everyone thinks like that

[Anonymous No.15923802]

IT guy here. When I had no gf, I saved the half of my monthly income and still lived a very good life.
Now I live in a bigger flat with her (= more expensive despite splitting the rent) and had to burn a shit ton of money for furniture over the last months (she did so as well, but still: When I lived alone second hand Ikea furniture was fine for me). My last raise goes directly into the company pension scheme, to avoid spending more money on useless shit. The next step will be etf saving plans, so I dont even think about spending money for useless shit.

I dont spend a lot money to buy things for my gf, but having a gf made my lifestyle way more expensive.


tl;dr women make you spend more money and impede saving money.

[Anonymous No.15923822]

Having enough savings to last 6 months without income isn't enough? You need two years of income saved or something?

[Anonymous No.15923829]

>>15923822
Do you plan to keep working till 60 and retiring on 6 months worth of savings?

[Anonymous No.15923836]

>>15923802
Basically this.

[Anonymous No.15923848]

>>15923829
Retirement funds typically can't be accessed until you are 60 or retired.

[Anonymous No.15923854]

>>15923802
In the exact same situation. Savings has decreased by 20% aswell. Thank god she doesnt know about crypto

[Anonymous No.15923880]

>>15923802
is it worth it?

[Anonymous No.15923905]

>>15923880
of course not. Some people are smart and dumb all in the same time. Smart to do a hard job. Stupid as shit with their money

[Anonymous No.15923921]

welcome to biz
>boasts about how cash is useless
>wonders why people don't accumulate it


for a lot of people their house is their investment and savings