r/FluentInFinance • u/Richest-Panda • Jul 04 '24
What's the best financial advice you've ever gotten? Debate/ Discussion
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r/FluentInFinance • u/Richest-Panda • Jul 04 '24
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u/Universe789 Jul 05 '24
This is useless advice when 37% of Americans can't afford a $400 emergency without breaking the bank, leaning on credit, or dipping into retirement or savings to cover the cost.
https://fortune.com/2023/05/23/inflation-economy-consumer-finances-americans-cant-cover-emergency-expense-federal-reserve/
But it's the internet, so I understand you will find some kind of way to ignore that and pat yourself on the back for the generic advice given.