• BradleyUffner@lemmy.world
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    27 days ago

    It’s like those educational explanations of compound interest I remember from childhood that tried to encourage you to save money. They would always start with 1 dollar and a savings account with 20% interest, and end up retiring as a millionaire.

    • AwkwardLookMonkeyPuppet@lemmy.world
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      27 days ago

      I remember getting really frustrated as a young man when I decided to take that advice, and wasted hours looking for these mythical 18% return accounts.

      • Maggoty@lemmy.world
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        27 days ago

        Yep those 10 percent accounts got me laughed out of the bank. One banker did helpfully ask how much I made though. Actually that was what set off the laughing. At any rate that was the year I learned rice stretches any food. No relation I’m sure.

        • AwkwardLookMonkeyPuppet@lemmy.world
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          27 days ago

          In college I was frequently hungry without any food. One of my friends said “buy a 20 pound bag of rice and you’ll never go hungry again”, and he was right. Idk how I forgot that, considering I was raised on beans, rice, and government cheese. I just needed someone to connect the dots for me.