I’m 32 years old and living in Europe and come from a blue-collar worker’s family. I’m pretty good at my job (broader data science) and have been earning US-level income while maintaining Eastern Europe-level expenses for the last 7 years or so. Thus, I’ve managed to have a decent amount of savings in cash and index funds / ETFs . During the last recession (2007-8), I was just 16yo and my family was hit pretty hard back then. Now, I do believe that recessions are the only realistic way to achieve real social mobility, and have been planning to really benefit from the next one (whenever it happens). Any additional thoughts, tips, and personal experiences are welcome.
Story Published at: January 10, 2023 at 05:30PM
Story Published at: January 10, 2023 at 05:30PM