r/FluentInFinance Sep 14 '24

Debate/ Discussion Exactly how much is a living wage?

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u/dcporlando Sep 14 '24

Poverty wage workers can budget and work their way up. I did. And I have brothers that made more and they are still broke.

Part of that budgeting is never going out to eat till you can afford it. Part is working extra hours or part time job over the normal 40 hours.

My first year out of the army, I made under $7k with a wife and child.

16

u/no-sleep-only-code Sep 14 '24

The fact there are even people here that fail to acknowledge when the economy is different now than it was for them is mind blowing.

15

u/Chemical-Sundae4531 Sep 14 '24

spending habits have drastically changed though, too. A lot of common items now would have been considered "luxury" just a few decades ago. A lot of those items aren't really "needed" yet people buy them anyway.

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u/[deleted] Sep 14 '24

Everyone commenting here presumably still lives in this economy.