The difference between a million dollars and a billion dollars is about a billion dollars.
Pft your math is off by a million dollars
Its wrong by about 0.1% tho
Margin of error.
Also if you've ever drank a latte or eaten a piece of Avacado toast, you might as well just find a dumpster to live in for the rest of your life, there's no coming back from that economically.
A millennial, after eating a piece of avocado toast and having a latte at a cafe.
Step 1: have billionaire parents
Step 2: inherit an absolutely obscene amount of money
How to become a millionaire in two steps:
Step 1: save 10k every year.
Step 2: do this for 100 years.
Cool! Now I just need a way to live 100 years per year and I'll be a billionaire in no time! And they say hard work doesn't pay off anymore...
If the money is invested and gets an 8% return, then only 28.5 years.
There was one really staggering statistic I saw in the past few months, and I'm only paraphrasing here, but it some something along the lines of "If you were to collect and save $17 per second every second since Columbus set sail and (accidentally) discovered the Americas, you'd have almost as much money as Musk has lost on Twitter in the past six months."
the average person will make just shy of 2 Million dollars. that is assuming you never spend any money and don't pay taxes.
*The average person in the US, the average salary in the world is about 10k/year so in 40 years of working that would just be 400k
How to become a billionaire:
- Get a trillion dollars
- Spend it
I should have thought of this sooner dangit
Yeah, can't get that much without some serious compound interest on investments.
If the money is invested and gets an 8% return, then only 57 years (Assuming monthly contributions.)
*adjusts monocle
Why it's elementary, my dear Stamets.
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