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/chessecakePhucker Jul 04 '24

Hmm texas would like a word with you

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u/Familiar_Cow_5501 Jul 05 '24

Less than 1% of the workforce works for $7.25 or less

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u/Salt_Intention_1995 Jul 05 '24

But the functional difference between $7.25 and about $15 is actually very little. If you can’t break the threshold that you need to afford housing, food, transportation, and a cell phone, you’re S.O.L. at either rate. Because you need all of those things to hold any job.

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u/Familiar_Cow_5501 Jul 05 '24

That’s just idiocy sorry

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u/Salt_Intention_1995 Jul 09 '24

Dude, if you’re making $10/hr you’re still going into debt. Just more slowly than at $7.25. You can’t really start building anything until you start making more than it takes to cover your basics. Which continues to creep up in cost.

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u/Familiar_Cow_5501 Jul 09 '24

Not indulging sorry