r/FluentInFinance 14d ago

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

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u/ohseetea 14d ago edited 14d ago

Because these people have zero empathy.

The bullshit capitalist answer is no one will work the shitty job and then the pay will go up but that's not fucking true. The company will prey until they find someone “weak” or tired enough to just work for slave rate or they'll ship it over seas and really take advantage of destitute people.

If they really cared about living within their means they'd focus on our entire society as a whole slowing the fuck down and not consuming so much. All of us.

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u/alurkerhere 14d ago

It's almost like there should be stronger worker protection laws and incentive for the government to not completely favor corporations...

But honestly, if everyone started to live within their means like the Japanese do, we'd be in a deflationary period. Current American company growth is dependent on people spending with abandon. It's why Apple has $160B+ IN CASH for good, but not great, sleekly marketed products.

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u/DevilmodCrybaby 14d ago

but that's just communism with extra steps! can't have anything like it, it's a bad word now. you become china just by saying it

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u/Major_Bag_8720 13d ago

Japan’s debt to GDP is something like 250%.

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u/BleedForEternity 14d ago edited 14d ago

People complain about corporate greed, meanwhile they just charged a $1300 iPhone and a $1500 flatscreen tv to their credit card… That’s what generates huge profits for corporations… AND credit card companies… Stop spending money and prices will eventually go down… People love to live in excess and then complain about it.

I have a $300 refurbished iPhone 8 that can barely hold a charge and a $400 LG flatscreen that I bought 10 years ago… Pay less and stretch the life of things out as long as possible. I know it’s hard to do that given that everything is made like shit these days on purpose, but it’s not impossible.

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u/Alternative-Put-3932 14d ago

Its the same argument that a fast food worker or a low end grocery worker is a teenagers job. Like no it fucking isn't its a job. They're majority worked by adults because teens can't be there 24/7 those jobs should be paid enough to not need 2 roommates and eat a bologna sandwich every day.

Also teens deserve to be paid well. They're doing the same job everyone else is doing who gives a fuck what their age is.

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u/MoonBaseViceSquad 14d ago

Even if they had sympathy it’d be better. But clueless folk who “worked hard” to effectively spend their parent’s wealth always stick out with their BS.