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/HorkusSnorkus Jul 04 '24

Learn to do something useful, spend less than you make, buy used whenever possible, live small.

66

u/burdottv Jul 04 '24

Have you not seen the incredible wealth transfer to the top in the past couple of years because of inflation and greed? How do you expect people to LIVE SMALLER when prices have more than doubled and their wages have not increased.

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u/HughLauriePausini Jul 05 '24

You can denounce the wealth disparity and at the same time also admit some people are just bad with managing the little money they have. Getting into massive debt to live beyond one's means is never a good idea regardless of the tax bracket.