Re:Google Cuts Jobs in Engineering and Other Divisions
by pyrale on Thursday January 11, 2024 @07:50AM
(#38951539)
> The likelihood of making real (not paper) life-changing money
There is a difference between "save, build an emergency fund" and "get into some get-rich-quick scheme".
The goal of emergency funds and saving, for most people, is to prevent life-changing events, not create them. You don't need a ludicrous paycheck to have a rainy days fund, and to put money aside, and you shouldn't count on IPOs and acquisitions to build it.
There is a difference between "save, build an emergency fund" and "get into some get-rich-quick scheme".
The goal of emergency funds and saving, for most people, is to prevent life-changing events, not create them. You don't need a ludicrous paycheck to have a rainy days fund, and to put money aside, and you shouldn't count on IPOs and acquisitions to build it.