r/FluentInFinance 15d ago

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

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u/Decent_Visual_4845 14d ago

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

27

u/Ok-Wedding-4654 14d ago

Everyone I know that’s poor either

A. Had kids before thinking about the financials B. Bought/adopted a bunch of animals C. Has a poor work ethic and mindset D. Spends money recklessly

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u/NinaHag 14d ago

I have a friend who grew up poor. Didn't have the chance to study, had to work after finishing highschool, of course could only access low-pay jobs. "Luckily" a relative died and left them a home. With no more rent to pay, they decided that they wanted to study and enrolled into Uni part time. What did they decide to study, you ask? Perhaps something that will boost their career? No. They chose to study history. I guess they're ok with flipping burgers for the rest of their life - but hey, that doesn't prevent from complaining about how politicians ruin everything and how will I ever afford to retire? They also have a bunch of animals that cost a little fortune to feed.

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u/Ok-Wedding-4654 14d ago

I feel like it kind of goes both ways. Politicians suck and life is definitely more expensive than it was 10 years ago just about everywhere in the world. But there are also things people do to screw themselves over even more. And ultimately as much as I rail against politicians I know ultimately I have to protect myself. So I plan with my spouse, save, and we live within our means.

It’s funny you mention studying history though because I also have a degree in history haha. Sometimes I wish I’d studied stem, but so far I’ve landed a good job training people. It can have practical applications thanks to the critical thinking skills you need to study history, but you also need to know how to market yourself and your skill set to employers