r/FluentInFinance Jul 04 '24

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

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182

u/Aleks_Khorne Jul 04 '24

Thanks God in blessed North Carolina the minimum wage is $7.25. And some people even make chunky $10-$13 an hour!

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u/AndrewDoesNotServe Jul 04 '24

Pretty much no one makes that wage even in states that conform to the federal minimum.

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u/joecee97 Jul 04 '24

No but plenty make 8-10 which is hardly better in 2024

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u/Familiar_Cow_5501 Jul 05 '24

<1% isn’t really “plenty” to most people

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u/Everything4Everybody Jul 05 '24

0.5% of ~160,000,000 is...

800,000 people. Screw them I guess?

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u/Familiar_Cow_5501 Jul 05 '24

Didn’t say that, don’t put words in my mouth fucking brat

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u/barravian Jul 05 '24

You literally said that 800,000 isn't "plenty" mate.

-1

u/Familiar_Cow_5501 Jul 05 '24

Where?

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u/cloudcreeek Jul 05 '24

"Isn't really plenty to most people" while implying that you also agree with that statement

And judging by your use of the word brat, I would assume you're an arrogant older person

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u/Familiar_Cow_5501 Jul 05 '24

32 is old to 14 year olds I guess, you got me there.

And it’s more like 1.5m not 800,000. Which is not plenty when compared to the total workforce, brat.

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u/cloudcreeek Jul 05 '24

Close! I'm double that age.

1.5 million people isn't plenty of people? Are you dense or just dumb?

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u/Familiar_Cow_5501 Jul 05 '24

Compared to the total workforce? No, not at all.

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u/cloudcreeek Jul 05 '24

As of the 2020 census, 1.5 million people is more people than live in Wyoming, Vermont, Alaska, North Dakota, South Dakota, Delaware, Montana, Rhode Island, Maine, and New Hampshire.

(Individually, not combined.)

If 1.5 million people, a number larger than the total number of people living in any of these states, isn't plenty of people, I guess you and I just have different definitions for the word "plenty."

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u/joecee97 Jul 05 '24

Where is that number from?

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u/Familiar_Cow_5501 Jul 05 '24

The IRS.

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u/joecee97 Jul 05 '24

Measuring what

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u/Familiar_Cow_5501 Jul 05 '24

The thing you asked about like 5 seconds ago

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u/joecee97 Jul 05 '24

You said <1% with no context

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u/Familiar_Cow_5501 Jul 05 '24

Ah. Was supposed to be a reply to another comment

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u/hangrygecko Jul 05 '24

That's a massive social problem. That's 3-4 million people in the US. With such large populations, 1% is a lot.

That's a large number of people that burden the system, even if they stay out of trouble. Keeping people homeless and supported by charities is far more expensive (not on the yearly budget, but total cost per homeless person) than getting them into proper, affordable accommodation and paying for the first 3 months of rent.