[emptystation]

If I earn $1000$/m, and I save $100/m - in a year, I'll maybe have $1200 saved up. 10% is so little for most you might as well spend it.

Personal rant: I've been saving up 20-50% of my salary for the last 5 years for a downpayment, and then in the past year 18% inflation hit, interest rate doubled, food price inflation is in top 10 worst in Europe, property prices in increased by 50% in 4 years. My savings obviously cannot keep up with the economy.

I'm glad I wasn't too stringy and spent some money to complete all necessary dental work in the past couple of years (dental is never covered by the insurance here), now I wouldn't be able to afford it.

Oh, and there's also a war in my home country and my family lost almost all of their income (thank god they aren't displaced (yet)), now I'm awaiting a decision from my company whether I get the boot or not. Fun times. I wish I invested in mental health and therapy too, I would still end up broke as I am now but at least I'd have some resilience.