/biz/ - Business & Finance

The sad truth is that for every 1 person that makes it to the moon with the next memestock or crypto, there's 100 other's who just lost a sizable chunk of their savings trying to do the same thing. You're best bet to "make it" is to just fucking play it safe.

>Only spend money on necessities such as rent, give yourself some pocket change for luxuries.
>Put the rest of your money in a high interests savings account
>Treat stock market funds with the complete expectation that you will probably not see that money, i.e don't put in what you're not comfortable losing
>Proceed to save up as much as you can until you can comfortably retire.

There, now you're more financially saavy. If you do this right you can retire in 5-15 years of wage slaving depending on your salary and cost of living.