Just a couple of zeros between a million and a billion

People really don't understand money. I mean really don't understand it. You've got these inane discussions where people try to talk about "millionaires vs billionaires" as though they are kind of the same thing.

They talk about athletes needing to make a living, and getting a "fair" or "reasonable" contract that is in the millions; of course at $50,000 it would take 20 years to make just one million....there is no understanding of the value.

People can't balance a checkbook, or understand interest (much less compound vs simple), or manage to actually save for retirement.

And yet, along the way, they accepted comments from the Donald about his being wealthy and using debt service to finance his business, and blah, blah, blah. As though they understood it.

It just irritates me when people just accept large numbers and oversimplified explanations for financials. Please, learn and understand such concepts before you speak...

That's my pet peeve for today.