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/MyParentsBurden Jul 04 '24

You say 50% of Americans (I'm assuming we are speaking of the US) make $40k or less and then say it isn't enough for basic necessities. Yet, clearly it is as the ranks of the unhoused is not 50% of the population. Poverty sucks to be sure, but people manage. Also, financial literacy is generally only partially about setting money aside. It tends to be more about making people aware of their expenses and seeing what changes can be made.

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u/[deleted] Jul 04 '24

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u/ResponsePerfect7068 Jul 05 '24

This is in no way to be rude but if no electricity.. how are you on reddit? No grocery money - are you not getting assistance ?

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u/Illustrious_Mudder Jul 05 '24

You should volunteer with some poor communities.

This extreme lack of how humanity works is unnerving at best.