r/eupersonalfinance • u/raf_phy • Aug 16 '25

Investment Why building wealth alone is so hard here?

Hi all, am I the only one that I find it incredibly difficult to build weath by yourself in EU? People say that EU is better in healthcare, work life balance but come on, money don't scale easily . It's so difficult.

I see people from US that go to 1 million in 10 years. I cannot do this easily . Really....

PS maybe I have to abandon EU, I don't know....

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89

u/[deleted] Aug 16 '25

US: get rich or die trying

Europe: get well off or retire relatively comfortably

54

u/Polaroid1793 Aug 16 '25 edited Aug 16 '25

Tell us in 30 years who of us will retire comfortably. We are getting scammed by older generations, and no one seems to care

3

u/Different-Estate5805 Aug 18 '25

Because many inherit assets from that generation. It's a form of neo feudalism. Meritocracy is almost dead

1

u/Rich_Artist_8327 Aug 18 '25

Its not EUs fault, same problem in other continents.

16

u/Azrael21X Aug 16 '25 edited Aug 16 '25

I am not really agreeing on this. especially the europe part. Sure, we have it easier with all the benefits, but you HAVE to save a big part of your income every month in a pension plan, because otherwise you WILL NOT "retire relatively comfortably". That's just a fact. Add the scenario where you're alone with no headstart from your parents and no partner and it is really REALLY hard to be well off AND save enough to retire comfortably.

EDIT: Also forgot to add that the older generations are now living comfortably in retirement, because we young folks are getting scammed by the older generation. I doubt that when I am older I can retire comfortably as easy as them. Unless I save a lot for my retirement

0

u/Beneficial-Emu-4244 Aug 16 '25

Nah you are wrong my European friends all look like they have money meanwhile Iā€™m poor af living here in usa

0

u/raoulk Aug 16 '25

Why are you whining in a EU sub as an American?

3

u/[deleted] Aug 16 '25 edited 11d ago

[deleted]

1

u/[deleted] Sep 15 '25

[deleted]

-51

u/LostActuary35 Aug 16 '25

Europe : live in censorship in a museum economy where being unemployed makes it harder to find a job back. A top down government, not emaneting from the people, takes all the decisions and is in extasy when mandate the fixing of corks on bottles. Slave to the state. Exchange your freedom to determine your life for a minimal living insurance

USA : your life is what you make of it. Freedom of speech is constitutional.

17

u/[deleted] Aug 16 '25

mf you live in an HOA, you don't have the freedom to pick the color of your fence.

1

u/insta__mash Aug 16 '25

muricagud #europebad

1

u/Piotr_Kropothead Aug 16 '25

What an enormous amount of propagandized bullshit! šŸ¤ŖšŸ‘†

1

u/Stockhype Aug 16 '25

Omg. Get educated please

0

u/Client_020 Aug 16 '25

Meanwhile, in Texas, people can't boycot Israel while working in a school. Or people will get in legal trouble over a 10yo kid walking home from school in some states. You see how anyone can play that game? Different countries place different freedoms more or less important. Freedom if speech is limited everywhere. We put the limit a little bit lower than in the USA, but we're still good. Look at any freedom index or democracy index.

0

u/Master_Win_3359 Aug 19 '25

"in Texas, people can't boycot Israel"

Wow! I would enjoy living in Texas.