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Joined 2 years ago
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Cake day: February 5th, 2025

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  • I just want to point out that this is not like for example Italy invading Africa. ROC was the government of mainland China before the revolution, they fled to Taiwan which used to be a part of China. Both ROC and the PRC think they are the true rulers of all of China, meaning both Taiwan and Mainland. If ROC would be militarily stronger, it would probably plan to invade the PRC.

    People may or may not think that that is imperialist, but at least it should be taken into consideration.



  • Let’s say you’re a student and poor. You live cheaply, eat ramen every day, etc.

    Now you get your first real job. The amount of money at first will seem crazy. There will be the temptation to just splurge, buy watches, fancy apartment, fancy car on loan, etc. This happens every time your income increases significantly.

    Now let’s say you get fired. Suddenly you have the loans, the bigger apartment, etc but no way to pay for it. This will be very stressful and you may have to do things you don’t want to.

    Imagine instead you didn’t have the car. You got a modest apartment, and saved some money. You have no debts, and can easily take half a year to get a new job no stress.

    So when I say live below your means, I mean do not give in to the temptation to splurge. Spend less money than you make.

    Try to put at least 30% or so of your income to the side (aim for 50%). Make an emergency fund of at least 3 months worth of expenses. Then start putting money into tax-deductible retirement funds and ETFs.

    Most importantly, never take loans and keep monthly expenses like subscriptions to a minimum.