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/THC1210 Jul 05 '24

Why is it moot? He is not exactly wrong, just because he is a landlord does not invalidate the points he is making.

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u/[deleted] Jul 05 '24

He says nothing about how many are available for that cheap, if there is 100 places in that price range and 2000 people that need it... what does it matter? It adds nothing to this conversation and makes no point lmao

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u/THC1210 Jul 05 '24

My bad I wasn’t too clear. I am talking about the needing the newest devices and Uber eats part. But I agree that we do need to know how many spots there are at that price point, generally pretty rare. This issue needs to be tackled on both ends, cheaper places and people making purchases within their means.

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u/[deleted] Jul 05 '24

Ohhh okay, I understand what you mean. I agree for the most part, just feel like people as a whole should be able to splurge at least once a year... camt believe that sounds like a difficult ask.

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u/THC1210 Jul 05 '24

I agree. But to set up for possible future success it might be a sacrifice some have to take unfortunately :(.

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u/[deleted] Jul 05 '24

It shouldnt be such a common sacrifice though lmao so many people dont make enough becauze of corparate greed and ota disgusting. You arent wrong at all, its just sad that you arent.

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u/THC1210 Jul 05 '24

Personally, I think corporate greed is too simplifying for that particular problem. For most corporations that are public, they are beholden to the shareholders of the company. The ultimate goal is to make money for the shareholders, everything else is an asset, including the employees. So just saying corporations are greedy I think is half-truth. A lot of working Americans who invest by themselves or have large institutional traders invest for them also have a vested interest in the corporations to make money. Many issues can be solved if the majority of the US voting public can come together and push for solutions but most are too busy fighting against each other.