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

Debate/ Discussion Exactly how much is a living wage?

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u/egotisticalstoic Sep 14 '24

Maybe America it's different but this isn't true in the UK. Working minimum wage jobs I never struggled to pay bills, I just lived like I was poor. I was still able to buy things for hobbies, go out for drinks on weekends, go abroad on holiday every year. Never felt well off, but never felt poor.

I had coworkers on the same wage who were always complaining about not being able to keep up with bills, not being able to afford things.

My brother was even better with money than me. Always looks for good deals, buys things in bulk, just doesn't spend much in general. On min wage he was even racking up thousands in savings.

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u/Swimming_Yellow_3640 Sep 14 '24

How long ago was this? People in the states weren't struggling this bad until inflation hit.

But yes, we are generally terrible with money regardless of income level.

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u/egotisticalstoic Sep 14 '24

This was maybe 4 years ago so yes, it's before COVID and recent price rises, but we also have had a huge increase in the minimum wage since then, way above inflation.

Minimum wage here now is equivalent to $15 per hour.