1. Started a small mutual fund and retirement fund when I was just starting out and still in undergrad. I did not have much and was fully self sufficient. But someone came to my job and showed us how retirement plans worked and convinced me to start one. Same with a mutual fund. I never put more than $20-$40 in each because I didn’t have much but boy did that pay off.

2. I purchased a small condo in the city with some of the money I put away in #1. Just sold it recently (20 years after purchasing it; lived in it for 5 years, rented it out for a profit for 15 years). I made a lot of money off that sale. More money than I’ve ever seen at once.

3. My spouse and I have always lived below our means. Now we’re not frugal - we go out for nice dinners, travel, have kids. We also have good jobs. But, when we purchased a house we could have afforded to get one that was $600k and instead opted for a smaller townhome in a nice neighborhood for almost half the price. Living this way has paid off more than I could have ever imagined. Both of us don’t have to work. We travel whenever we want. We could technically both stop working in our 40s/50s and probably be fine. It’s a feeling of freedom. We’ve never over-extended ourselves. When our colleagues and friends were buying expensive homes and expensive cars and extending themselves, we just didn’t do that.

Memmy has more customization options and I’ve found it to work a bit better than WefWef. For me, WefWef has been very sporadic in its functionality, with it sometimes just generating errors and requiring me to refresh.

I can’t imagine not using a password manager. I am a long-time user of 1Password and have been very happy with the service and apps. I recommend it to everyone. Worth every penny and then some IMO.

Health-related communities, particularly those for specific medical conditions. Those are the communities that really become a lifeline for people, help them through diagnoses or just difficult times, and can serve as an excellent resource. I was active on r/diabetes_t1 on Reddit and am trying to get a community started here on Lenny.world (!T1diabetes).

I don’t recall the specifics of the one article I read about this, but yes, I think being able to declare bankruptcy gives an out for at least some of the debt. I believe there was also some way that doing so protected Tesla but can’t recall exactly how that worked.

This just doesn’t seem like a “he’s just bad at running a company” situation. A company of Twitter’s age and maturity could have run itself for quite some time if Elon just let it continue on. He’s doing this intentionally for some self-serving reason.

That’s exactly why. He didn’t want to go through with JT and I think devaluing the company might be a way for him to get out of it via bankruptcy. I remember reading that somewhere and thought it made the most sense. He’s a dude with a lot of money (at least on paper) and I’m sure he has people with a decent amount of financial acumen advising him what to do or at least trying to steer him in the right direction. I don’t think it’s any 6D chess or anything, just finance and tech bros playing finance and tech bro games.

IIRC, causing its value to plummet is the easiest way for him to get out of this whole fiasco via bankruptcy (remember, he was basically forced into buying it). He played a stupid game and won a stupid prize and now he’s desperately trying to find a way out.

This only makes sense when you understand that he’s intentionally trying to destroy Twitter.

If the content gets great enough, that will happen. Going to take time, but it will absolutely happen. Especially with so many people deleting their comments and Reddit having their feet held to the fire with people making complaints about them violating GDPR.

Lemmy, Mastodon, and the entire Fediverse are really what the internet was supposed to be. I am glad to see the pendulum swinging back and I hope it continues. I am mostly really excited about the mobile apps being developed for Lemmy. Those are coming along at lightening speed and I those will be THE THING that makes Lemmy happen.

I think we learned in January 6 that allowing these communities to exist online is more than just letting people express a different political worldview.

Given how much they have lied about already and the crap Huffman has pulled in the past, I would not doubt it in the least. I am sure they are doing all sorts of mind-games crap like this to try and keep users from fleeing. They have to be freaking out right about now.

All I can do as a user is take my content and time elsewhere. Which is why I’m here. Hoping that like has happened on mastodon, we will slowly move past the “Reddit news” phase and just transition into people contributing to communities and building apps for Lemmy/Kbin.

Reddit is only valuable because of the content users provide. If you don’t post valuable content, the site is worthless. Reddit can force subs back open, but they can’t force users to submit the content that makes the site valuable to begin with.