Photo Credit:Fair Use [17 U.S.C. § 107] Favored form of transportation across many European nations.

Why Europeans Build Wealth on €30,000 Salaries While Americans Go Broke on $100,000

24 Sep 2025 | Abstracted from Garmin Travel

Europeans on much lower salaries can build wealth more effectively than Americans on higher salaries due to socialized or capped big-ticket expenses. The article highlights that Europeans benefit from minimal costs for healthcare, education, and childcare. Additionally, affordable public transport reduces the need for expensive car ownership, and legally mandated paid leave provides a significant, guaranteed financial benefit not common in the U.S

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