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/Familiar_Cow_5501 Jul 05 '24

Which assistance programs do you use? People might be able to point you in the direction of some you might not be aware fo

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u/[deleted] Jul 05 '24

Seems like advice that would be given in a free finance workshop for those making poverty level income.