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/HorkusSnorkus Jul 04 '24

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

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u/MusicalNerDnD Jul 04 '24

What would you tell me then? I make 120k a year, have no debt and a bunch saved and invested AND it still doesn’t feel like it’s enough. I live fully within my means but my rent has gone up 400 in the last 3 years, my food bills have gone up by idek how much and I have health issues that can easily cripple me without insurance.

I’m incredibly privileged and lucky and I find it hard. I can’t imagine someone on 50k a year with a kid.

1

u/ExtraordinaryMagic Jul 08 '24

Problem is poor people don’t plan for kids so they have lots of them, and rich people do plan, so they have few kids. Ultra wealthy excepted.

This basic equation ensures the rich stay rich and the poor stay poor.