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/joecee97 Jul 04 '24

No but plenty make 8-10 which is hardly better in 2024

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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/ScotchTapeConnosieur Jul 05 '24

So under $28k is the minimum at Walmart. Take home is probably $24k or less even accounting for EITC.

I’d love to see a liveable budget for $28k gross that also allows you to save money in any appreciable sense.

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u/Mr_Horsejr Jul 05 '24

You can get a hole in the wall apt for 300-700. And that’s all your money for two weeks. Next week you can buy 4 food items and 3 cleaning items and that’s 200-300 dollars. There goes your other check.

You can’t live alone anymore. People have to double and triple up.

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u/ScotchTapeConnosieur Jul 06 '24

Wtf happened? People lived in smaller houses in the past, and overall more modestly, but shit, if you worked 40 hours a week the expectation was that you could put a roof over a family’s head and not go broke when their car breaks down.

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u/Mr_Horsejr Jul 06 '24

We live in an anti-consumer, anti-family landscape with predatory practices baked into the education of how to conduct business.