The reason people don’t have savings, isn’t because they “can’t save money”. It’s because inflationary monetary policy and debt slavery gives no incentive to save.
true no incentive to save. though people also seem to have this thought that the gov will just take care of them so they can take out high interest loans for jet skis & vacations.
Exactly right. Most people in the US put owning toys and quick pleasures before ensuring financial future. The Fed teaches people bad habits. Just look at the natl debt.