Most people don’t budget…..America has become a “what’s the minimum payment” society. Budgets create accountability which is not common place. The Americans that do have a substantial leg up on those who don’t. Even ordinary people can accumulate enough wealth to sustain a balanced retirement. Working for companies that have monthly payroll deductions into 401ks and simple IRA are a must in the new financial reality.
If you do what is hard life will be easy, if you do what is easy life will be hard.