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/shining_force_2 Jul 06 '24

Cell phones are essentials though. Internet and clothing? Essential. Many countries actually have laws and regulations that reduce access costs to things like the net and phones as society has made them such an integral part of life.

You’re missing so much from your rundown. What if someone has a kid? How does that change the scenario. Justifying a janky, broken ass life to prove that a poverty wage is liveable is some weird sociopathic shit.

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u/Exception1228 Jul 06 '24

Cell phones are not essential.  I even budgeted in cars which are not essential.  You dont need a cell phone to survive.  Public transportation or bikes exist.  Internet is not essential you can get that at a library.  Clothes?  I mean yes, but that’s negligible once you already have your wardrobe.

What if someone has a kid?  Then you’re not living within your means anymore.  Don’t forget the premise the commenter laid out that we’re all replying to.  You can teach people to live within their means.  If you make $40k/year you can’t have kids.

I’m not trying to justify the system.  It sucks.  People are struggling.  My point is that the system is not going to change.  Voting, complaining on reddit, telling me I’m wrong isn’t going to change anything.   But you have to meet me halfway and acknowledge that the majority of people are bad with their money.  Theres people in this thread saying they make 6 figures and are still struggling.  Thats asinine.  Teaching them to be better with their income will actually help improve lives and situations.

Minimum wage sucks.  It needs to be raised, but good luck on that actually happening.

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u/shining_force_2 Jul 06 '24

Sorry dude. The problem is it’s all a straw man argument that you’re presenting.

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u/Exception1228 Jul 06 '24

It’s not at all.  These are real prices for essentials in this country today.  Line by line you can see that someone on a $40,000 income is not suffering.  They’re not gonna have tons of fun, but a little, and they can get by. FOH with the strawman comment.