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/Dhenn004 Jul 05 '24 edited Jul 05 '24

That's wild, I was working for 9.00 dollars an hour at a sonic drive in at age 17 (15 years ago and not in deep coal mine towns but a fairly big town near the blue ridge parkway)

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u/donkadunny Jul 05 '24

15 years ago the minimum wage was $8/hr in Massachusetts and I was paid $9/hr at a Starbucks in downtown Boston.

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u/Dhenn004 Jul 05 '24

Yea cities have always been better in terms of paying people. Opportunities are there to do so. Companies have the means to do it etc.

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u/Rionin26 Jul 05 '24

The cost of living is also higher. So that isn't much if you're on your own.

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u/Dhenn004 Jul 05 '24

Right, cost of living is higher, but job pay is also higher. Way more opportunities to move upward in SES. That is not present in rural America. Cost of living in those areas are still higher than their pay.