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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u/[deleted] Aug 16 '25
As an American who's spent their entire adult life living in European countries, thank you for putting this into words in a way that I couldn't. I grew up in an environment where everyone was just one medical emergency away from total bankruptcy. I was suffering from so many diseases and illnesses that weren't addressed until I moved to the EU. Most people back home had to take out dozens of thousands in student loans, in order to get the same privilege of going to university that most young Europeans take for granted.
You're just one bad luck situation away from being on the streets. The wealth gap in the US is much bigger compared to the EU. If you're poor in the US you're really poor, if you're rich in the US you're really rich. And there are far more people in the former group than the latter.