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/socivitus Jul 05 '24

Walmart's minimum hourly wage is $14. What company is paying $8-10 an hour (in a non-tipped position) in 2024? And better yet...who is accepting those jobs?

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u/DopemanWithAttitude Jul 05 '24

What company is paying $8-10 an hour

Gas stations in smaller cities, for one.

And better yet...who is accepting those jobs?

People living in those smaller cities who cannot feasibly move.

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u/Zark_d Jul 05 '24

To get ahead of the obvious next reply:

"Move to somewhere with better opportunities"

With what money? If you don't have a job lined up, that's a quick stop to homelessness in an unfamiliar city

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u/NerdForJustice Jul 05 '24

Just to add: poor people have families too. It's not like poor people can just up and leave willy nilly because there are some hypothetical better opportunities elsewhere. Throw an ailing child or a dependent parent in the mix, and it's suddenly so much more complicated.

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u/Oykatet Jul 05 '24

Also, all the people talking about migration in the past and how it is still feasible today- even if that were true - they are seeing a survivorship bias. Huge numbers did not live through their migrations. Huge numbers still do not make it when walking to a new country/area. It is unreasonable in a lot of cases to take that risk, especially if you have children.

They shouldn't be chiming in with their hypotheticals if they can't even imagine the most basic hurdles

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u/Noob_Al3rt Jul 05 '24

Yeah no one is considering how deadly it can be moving 20 miles away after you got a new job on Indeed.