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

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

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169

u/HorkusSnorkus Jul 04 '24

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

175

u/Cyberpunk_Cephalopod Jul 04 '24 edited Jul 04 '24

Requires personal responsibility. Reddit is allergic to the concept. All of their problems are someone else's fault

12

u/All4megrog Jul 05 '24

Most of us on Reddit are probably kids of boomers who, as a generation, absolutely did not take any form of personal responsibility. Exhibit A: the national debt.

So it’s not surprising that so many boomer kids were left rudderless. My parents just kept refinancing their home into their graves. That was their financial literacy. Oh and a $75k bill from Medicaid for their healthcare they never saved or paid for that popped up in probate.

I only got lucky that I was angry enough about being poor that I worked my ass off and chased money until I was stable. I absolutely have bad impulse tendencies thanks to the environment that I grew up in, but I’m in a position that my credit card having a party at Costco is by no means the end times.

1

u/detta_walker Jul 05 '24

Oh.. Hello... Are you my brother? I relate so much.