Nearly half the world lives on less than $5.50 a day: World Bank
October 17, 2018
In a twice-yearly report, the bank took a broader look at poverty to see where countries were lagging, even though the share of those living in extreme poverty—defined as earning less than $1.90 a day—has continued to come down in recent years.
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Excluding the sale of my property, which will be used for retirement investing. I’m working on a plan to save up to $400 a month, which works out to roughly $4 a month more in interest a month using LendingLoop.ca
To think that for one month of hard savings, I can make from that point forward $4 a month more in interest, month after month. That is close to what 3rd world people need a day. In other words, each month of savings, I’m gaining a day if I save. 30 hard months of savings and I would be retired compared to nearly half the world! I’m out of debt, while most of North America is heavily indebted. I’m still walking to work, saving as much as I can.
This month, I blew my budget. I bought a parchment book, tassels for wearing to work and a microphone which will be used for making youtube videos. I still have half the month left to get back on track, saving.
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