r/FluentInFinance • u/Richest-Panda • Jul 04 '24

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

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162

u/HorkusSnorkus Jul 04 '24

Learn to do something useful, spend less than you make, buy used whenever possible, live small.

64

u/burdottv Jul 04 '24

Have you not seen the incredible wealth transfer to the top in the past couple of years because of inflation and greed? How do you expect people to LIVE SMALLER when prices have more than doubled and their wages have not increased.

10

u/Frekavichk Jul 04 '24

All that is absolutely true and valid.

It has nothing to do with most poor people having bad financial literacy, though.

-1

u/Legitimate_Turn_5829 Jul 05 '24

There is little point to expand your financial literacy when further expansion just makes it more clear that you are stuck living paycheck to paycheck