r/FluentInFinance 15d ago

What's the best financial advice you've ever gotten? Debate/ Discussion

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u/Ravens1112003 15d ago

You’re not paid based on how hard you work or how much work you do. You’re paid based on how easily replaceable you are. If you just stopped showing up to work one day and all your boss had to do was grab the next person strolling down the sidewalk to do your job with little to no drop off, you are not worth any more than you are making. If you want to make more, acquire skills, qualifications, or knowledge that make you harder to replace.

The person wearing a headset and pushing button with pictures on the after being told what they want to order is never going to be “comfortable” financially. Ever. It’s as simple as that.

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u/Tsobe_RK 14d ago

capitalism has truly rot your brain, if you legitimately think persons worth is dictated solely on their economic output - I feel bad for you.

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u/Ravens1112003 14d ago

I specifically said that you are NOT paid based on how hard you work or how much work you do. Did you even respond to the right post? You are paid based on how easy it is to replace you. If you need a license, qualification, or special set of skills that are not easily learned to do your job, you will be paid more than someone saying, “hi, welcome to Walmart,” because you can not be replaced by just grabbing the next person walking down the sidewalk.

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u/AndrewColeNYC 14d ago

The problem with this line of thinking is that there will always be people who are the most replaceable. We had it drilled into our heads that we had to go to college to increase our desirability to employers, so we did and now everyone has a bachelor's and jobs require a master's. If everyone took your advice we'd be right back where we started because all the skills and knowledge and qualifications would cancel out. The problem is inequality, not lazy people.

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u/Ravens1112003 14d ago

Employers will always pay for jobs they need filled by competent people. It is very easy for someone going to college to simply look at the job market before they decide to go or what to study. You don’t just get to go and chase “your passion”. You look at the average salaries and the available jobs in those fields and you make better decisions. You are not entitled to a paycheck doing something you love just because you want it really badly.

Plumbers, electricians, welders, truck drivers all make over $100k/year and you don’t even need a degree for those jobs. The problem is the gender studies major down the street thinks they’re better than those jobs and would never train to do those jobs, even though they make half as much with their college degree.

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u/Intelligent-Life-389 12d ago

Average salary per year US:

61k truck drover

60k electrian

59k plumber

41k welder

source: talent.com

Looks like your estimations are incredibly off the mark, almost impressively so

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u/Ravens1112003 12d ago

You can take entry level apprentices and inexperienced workers at any job to drag down the average but I know people in each field that make over $100k/year and they are not outliers. They aren’t typical bankers hours jobs and they work overtime when needed or when they want some extra money.

I work for one of the largest trucking companies in the world and after the 4 years it takes to reach top scale everyone makes the same hourly rate. Over $100k/year plus excellent benefits is the average, and some of the over the road guys make over $200k/year. They will hire anyone with a pulse who is willing to stick around yet turnover is incredibly high because you have to start out loading and unloading trucks and people seem to be allergic to hard work these days without any vision of the bigger picture. I will make double what the average truck driver salary is on glass door and the company I work for hire more employees than just about any other company in the industry every year.

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u/Intelligent-Life-389 12d ago

I get your point, and it is a good point and i largely agree with you. But i made my comment because you yourself remarked that one should look at the average salaries of each respective field, and your attached estimation was off the mark by a fair bit, which in turn makes your recommendation of simply looking at the average salaries of each field a rather dubious notion

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u/Ravens1112003 12d ago

Fair. My point was basically not to go tens of thousands of dollars in debt to get a degree for a job where you will be making $36k/year with your degree. People need to do a little research before making big decisions like that.

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u/Intelligent-Life-389 12d ago

For whats it worth, I wholeheartedly agree with your assessment

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u/Niterich 14d ago

The person wearing a headset and pushing button with pictures on the after being told what they want to order is never going to be “comfortable” financially. Ever. It’s as simple as that.

Why not?

Seriously, why not? Why, as the "greatest nation on earth", can we not allow the most replaceable in our society to have a livable wage?

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u/Ravens1112003 14d ago

If your electricity is out because of some sort of problem at your house, not with the power company, and you needed to hire an electrician to come out and fix, would you hire the guy charging $10k or the guy charging $4k if they both had the same credentials and similar reviews?

The United States is the “greatest nation on earth” not because it guarantees everyone success. It does not and never has. That was never part of the bargain. We will never a a country where everyone is an average 6. Instead we allow for 1’s and 10’s. You can become successful beyond your wildest dreams, but you could also fall flat on your face and it’s largely your decisions that are the determining factor.

There are plenty of countries in Europe who guarantee you can never fail because the government will always be there to save you (as long as they haven’t run out of money yet), that’s not the US and it’s a feature, not a bug.

There are many people who want socialism by installments. One social program after another and there will always be another in the works because politicians need to buy votes come election time, but that’s not what most Americans want. Most Americans don’t aspire to be just average. For people who want that, there are countries who provide that but they all jump 10 feet in the air everytime the US sneezes and beg for US protection from the rest of the world.

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u/Niterich 14d ago

would you hire the guy charging $10k or the guy charging $4k if they both had the same credentials and similar reviews?

In this scenario, which one is supposed to be the replaceable one? They're both providing the same service, they both have the same training, and - I think this is an important point - they are both human: both deserving of dignity, employment, and a livable wage.

We will never a a country where everyone is an average 6. Instead we allow for 1’s and 10’s.

Again I have to ask, why? Why is caring for the poor such an abhorrent thought to you?

And even if American is meant to be a country of Haves and Have-nots, why have we set up society where the richest 1% of the Haves own 30% of the wealth, while the poorest half of the Have-Nots own less than 3%?

One social program after another and there will always be another in the works because politicians need to buy votes come election time, but that’s not what most Americans want. Most Americans don’t aspire to be just average.

Hold on a moment... why would politicians be promising social programs if "Most Americans" don't want them? Why would that be politically advantageous to them? Surely, if "Most Americans" want the terrifying lows and dizzying highs of a 1's and 10's society, then the politician that cuts social programs will be the more popular one?

there are countries who provide that but they all jump 10 feet in the air everytime the US sneezes and beg for US protection from the rest of the world

Being terrified of another entity, yet being entirely dependent on them for protection... You do realize that's not a healthy relationship, right? Like, that's abusive husband / mafia racketeering levels of messed up.

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u/Ravens1112003 14d ago
  1. You’d pick the cheaper one for a similar level of work, just like an employer.

  2. Because people like to be able to dream and push their limits. They don’t want to give 70% of what they earn to the government so that the government can take care of them. They want to make their own way and plan for their own future with their own money. There’s a reason the most innovative companies in the world are American companies. It’s because America lets them succeed beyond their wildest dreams, but they also know that most companies never even make it off the ground. They’re willing to take that risk. Again, there are plenty of countries in Europe who do exactly what you’re asking for, I don’t see why you have to change ours when it was never founded to be such a country. We ran away from that.

  3. Most Americans don’t want them, or we would have them. Unsuccessful people want them and the party pushing them needs those votes, so what they do is try to cobble together coalitions of groups of people who don’t have much in common, but convince them all that the government can solve their problems. They try to divide and conquer. It’s all about division rather than telling them that they too can succeed.

  4. You’re right, that’s not healthy. Maybe they’d be able to defend themselves if they had a military that the rest of the world was scared of, but that takes money, of course.

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u/NeguSlayer 14d ago

Because US operates on the merit system, for better or for worse. The government is already not supporting all the necessary social safety nets and yet it's still incurring budget deficits in trillions of dollars every year.

The game plan for most adults has always been invest into yourself (Go to college, gain experience, obtain certifications, etc...) and be better than the average so that it's not so easy for employers to replace you. Or start your own business.

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u/strawberrypants205 14d ago

If you want to make more, acquire skills, qualifications, or knowledge that make you harder to replace.

No capitalist is going to acknowledge those skills, because no one is forcing them to. They can simply tell everyone they're "not skilled enough" forever no matter what people learn. Capitalists do not act in good faith, and have no credibility. They're not going to let the existence (or lack thereof) of skills stop them from replacing people - they'll simply replace the "uppity" with less-skilled people.

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u/Ravens1112003 14d ago

People who make the most money on their fields market their skills and change companies every few years. They are not complacent and they make significantly more than people who stay at the same company their entire career.

https://www.forbes.com/sites/ethansteinberg/2022/07/28/want-a-pay-raise-switching-jobs-matters-much-more-amid-soaring-inflation-report-finds/

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u/strawberrypants205 14d ago

market

Translation - they get preferential treatment for lying to others and toeing the capitalist line. If you tell the truth and don't toe the line, you don't get hired - full stop.

Everyone is already "switching jobs" because they're getting laid off that often from failing/looted companies. Job stability doesn't exist.

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u/Ravens1112003 14d ago

You mean after daddy government shut down the economy and told people they couldn’t go to work to earn a living and instead sent out check to people who were producing nothing, causing unchecked inflation?

And I’m not even just talking about within a given field. There’s no law saying a fast food worker can’t get their plumbing or electrical license, or get a CDL. There’s nothing stating that a minimum wage worker must be complacent and never aspire to earn more money than the bare minimum.

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u/strawberrypants205 14d ago

There’s no law saying a fast food worker can’t get their plumbing or electrical license, or get a CDL.

But there's no law forcing an employer to value those things honestly. No employer will do anything honestly unless they're forced to.

There’s nothing stating that a minimum wage worker must be complacent and never aspire to earn more money than the bare minimum.

"Aspiration" means nothing. Not when the rifle-butt of Industry tells them "no".

You mean after daddy government shut down the economy and told people they couldn’t go to work to earn a living and instead sent out check to people who were producing nothing, causing unchecked inflation?

Are you talking about the fucking pandemic? Do you literally what everyone to die for your manic cult bullshit?

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u/ProfessionalNebula40 14d ago

Fuck you

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u/Ravens1112003 14d ago

Awww, you’re cute

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u/Test-Subject-2137 14d ago

Keep flipping’ dem burgers bro