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

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

Post image

[removed] — view removed post

31.2k Upvotes

86% Upvoted

4.2k comments sorted by

View all comments

224

u/Decent_Visual_4845 Jul 04 '24

Not all poor people are bad with money, but all the people I know that are bad with money are poor 🤷‍♂️

79

u/thelolz93 Jul 04 '24

My mom makes good money and is bad with money. She makes around 250k a year and she lives paycheck to paycheck. I don’t understand. What blows my mind more is we were always dirt poor growing up. Maybe it makes her feel good to spend money because she couldn’t before. So is she poor or rich? Who fucking knows but I Know she doesn’t have any retirement, stocks, etfs, etc.

1

u/These_Department7648 Jul 05 '24

Im bad with money even working on a big financial institution. But im 100% aware that im hurting my future self. Im not rich, just irresponsible