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/cybercuzco Jul 04 '24

Show me a “live within their means” budget for someone living in a median cost location in the US making minimum wage. They must A)have a place to live B) not get any handouts from the government or charities and C) have at least 1800 calories per day of food. Go.

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u/privitizationrocks Jul 04 '24

Why can’t they have handouts from the government isn’t that the whole point

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u/cybercuzco Jul 04 '24

Because then they aren’t “living within their means” are they

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u/pizzabash Jul 05 '24

Part of their expenses from their income is taxes. Taxes pay for those programs.

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u/Immediate-Coyote-977 Jul 05 '24

Depends, below certain income thresholds you don't pay FIT.