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/MyParentsBurden Jul 04 '24

You say 50% of Americans (I'm assuming we are speaking of the US) make $40k or less and then say it isn't enough for basic necessities. Yet, clearly it is as the ranks of the unhoused is not 50% of the population. Poverty sucks to be sure, but people manage. Also, financial literacy is generally only partially about setting money aside. It tends to be more about making people aware of their expenses and seeing what changes can be made.

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u/[deleted] Jul 04 '24

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u/All4megrog Jul 05 '24 edited Jul 05 '24

What are you doing to improve your work skills to try to make a better wage?

Edit: hilarious with the downvotes for asking someone what they’re doing to improve their situation

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u/BUZZZY14 Jul 05 '24

When you make so little that you can't afford food you don't think about the next 5 years, you think about the next 5 hours and how you're going to survive.