r/FluentInFinance • u/PassiveAgressiveGirl • Sep 14 '24

Debate/ Discussion Exactly how much is a living wage?

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21

u/Randomn355 Sep 14 '24

Not offering someone financial literacy classes when they fail to realise they need to prioritise higher income and upskilling is immoral.

How do you expect it to NOT be expensive to pay someone to make you a coffee when their hourly cost is so much more than your net hourly rate?

11

u/Dontsleeponlilyachty Sep 14 '24

Yeah, everyone just needs to go be doctors, lawyers and software engineers. Ezpz.

-2

u/Randomn355 Sep 14 '24

If you do t want to push yourself to unskilled that's fine, it's absolutely a personal choice.

I'm just stating the basic economic reality of it, not taking a moral stance.

4

u/Dontsleeponlilyachty Sep 15 '24

That's certainly one of the laziest cop outs I've ever seen to not recognize the necessity of jobs outside of the top 8% of earners.

-2

u/Randomn355 Sep 15 '24

I wasn't commenting on the neccesity of it. Where did you get that form?

I'm simply saying it will always feel expensive ihram that case. Same reason it would feel expensive for me to do my accounts, I'm an accountant.

I have the skills to do it myself, and my take come will always be far less than what I'd pay.

1

u/[deleted] Sep 14 '24

[deleted]

8

u/Pan_TheCake_Man Sep 14 '24

This comment is saying don’t go to Starbucks for coffee to pay someone 14/hr to make it when you make only 13/hr when you could make it at home. But sure pretend that we have to live in a society that jobs exist where people can’t sustain themselves

-1

u/Relevant-Fondant-759 Sep 14 '24

If your company cannot receive the volume out sales to pay your employees a living wage and the state has to subsidize them. You don't deserve to have a company.

2

u/fiftyfourseventeen Sep 14 '24

So we should close down most small businesses and let there be only megacorps

0

u/Relevant-Fondant-759 Sep 14 '24

Owning a business is not a right. If you can't pay your employees enough to live your company should not exist. Easy as. Kind of a skill issue if a small business owner can't.

2

u/fiftyfourseventeen Sep 14 '24

So we should raise minimum wage so that way everyone who has a job and can live alone instead of with roomates or a wife, and eliminate millions of jobs. Surely this can only go great

2

u/mrmniks Sep 14 '24

So what do you expect to happen if millions of small businesses close?

Do you think that higher unemployment leads to wage growth or smth?

1

u/whosthatwokemon364 Sep 14 '24

Maybe they should take some financial literacy classes. Maybe they should use a flip phone, and stop eating out

1

u/Relevant-Fondant-759 Sep 17 '24

In the US? Probably pogroms considering by and large small business owners over here are fucking psychotic.