News for hackers. Stuff that matters.
Re:On the Experience of Being Poor-Ish, for People Who Aren't by pwg on Monday March 01, 2021 @02:03PM (#26306715)
> but it never discussed why you would be accumulating all that wealth.

One reason is that if one accumulates that wealth, and puts that wealth to work itself making money (i.e., investing it) then one obtains an income stream that is separate and apart from the number of hours per day one can spend "working".

Accumulate enough money that is itself making money, and one can live comfortably without having to spend 40+hrs/week "working" for one's income.

Re:On the Experience of Being Poor-Ish, for People Who Aren't by benhurmarcel on Tuesday March 02, 2021 @03:16AM (#26313057)
Right, except that book also tells you not to spend/use any of that interest, and continue working as much as possible, so that it accumulates exponentially.