[pdimitar]

That skips way too many details. I am 41 and I was never able to save a money. Partially because I was stupid, absolutely, but I also came to realize how much we are sheep-herded into consumerism. And many times we don't have a choice.

People's fridges, ovens, air conditioners, dish washers, vacuum cleaners, smartphones etc., nowadays seem to start breaking like clockwork literal weeks to months after the warranty expires.

So while personal financial responsibility and education can and will go a long way, it's important to recognize that we live in a fairly rigged and predatory system as well.

My fear is just that: "will I will be stable financially?". So far I never was so I can't just drop this fear and start breathing freely come tomorrow. These are problems that still need addressing.

[lexapro]

Many programmers can save >50% of their net income. I realize that this is not possible in every part of the world or in every situation, but if anyone is stable financially, it's probably us.

[pdimitar]

Most, yes. I wasn't able to. With any luck, I'll be able to start saving in a few months, after I hit 42.

[go_elmo]

Concluding from your previouw answer it is due to your choices, not possibilities. Financial education should be mandatory, to this day only academics seem to know the basic concept of wealth accumumation => need for investment to build personal wealth...

[pdimitar]

> Financial education should be mandatory

I agree, but say that to my parents. You might as well say it at least 50% of all parents worldwide while you are at it. I personally am very mad at mine for practically not teaching me anything (not even cooking).

I am getting financial education after I hit 40. Pathetic to some but I couldn't have predicted the unknown unknowns. ¯\_(ツ)_/¯