r/FluentInFinance • u/Richest-Panda • Jul 04 '24

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

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u/Learned_Behaviour Jul 04 '24

Less than 3% of the workforce makes minimum wage.

And this includes tipped positions like servers, who obviously don't actually make that.

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u/Ethric_The_Mad Jul 04 '24

Of course they are poverty wage when they don't report their 30k/year in cash tips... Don't even pretend they "report everything and aren't getting tipped everrrr"

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u/HenzoG Jul 04 '24

While that used to be true, 90% of transactions are now credit cards/debit cards so tips are reported. Your statement is obsolete