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by jandrewrogers
2749 days ago
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This is only around 20-25% of the median discretionary income in the US i.e. money available for savings after all ordinary expenses. So while it can have a significant impact on savings rate, I would agree that it is misleading to state that this will make you "broke". Being broke requires spending the other 75-80% of discretionary income too, and that is a much larger pool of money. |
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