musa
Sarah WeddePeople who can comfortably live off 30% of their income cluelessly explaining savings to people who can barely live off 100% of theirs is a phenomenon I encounter way too often.
YOU'RE NOT BETTER AT BUDGETING YOU JUST HAVE MORE MONEY.
Rotfarm@sarahwedde Similarly friends who are very into encouraging you to make risky financial decisions when you have no cushion and don't understand that.
Sometimes I really do just want to share my bank account totals with them as a response without words so they actually understand my situation.
sidereal@sarahwedde It’s hard to explain this, but if you’ve personally experienced both you’ll never get over it.
Like I started making waaay more money a few years ago. I went from never having savings to being basically incapable of not saving money, because I couldn’t spend it quickly enough. I became so bitter about all the scrimping and saving and self-denial I did for years. It was all pointless. You cannot conserve your way into wealth or stability.
more like Grimavera muhahahaha@sarahwedde same vibes as asking why don't homeless people just get houses
Ricki Yasha Tarr@sarahwedde I have had so many people ask, why don't you just ask your parents for money?
My dude I'm supporting my parents too.
Cait the Proud Trans WomanMy father is dead 43 years. My mother cut me off 30 years ago for being trans.
Which parents am I supposed to turn to exactly?
@oldladyplays @sarahwedde Jesus, I'm sorry, you deserved much better than that.
Badger AF (he/him) DEMOCRACY@oldladyplays @RickiTarr @sarahwedde I'm sorry your mother did not value the person you are. No one deserves that.
My kid is trans and it makes me furious as to the shit he and his friends have to put up with just to be in the world.
Vic McFizzlesticks@RickiTarr
My dad was a barber and my mom ran daycares. There is no money for me to ask for.
My dad was a barber and my mom ran daycares. There is no money for me to ask for.
PhoenixSerenity@RickiTarr @sarahwedde Samesies. I can totally relate to all of this so much.
Richard W. Woodley ELBOWS UP 🇨🇦🌹🚴♂️📷 🗺️@sarahwedde
The Toronto Star financial columns providing advice to well off yuppies comes to mind.
The Toronto Star financial columns providing advice to well off yuppies comes to mind.
@sarahwedde Thanks for saying that because it is very true!
WalkerWhite@sarahwedde What you are forgetting is that there is people that can live off 30% of their income living paycheck to paycheck.
CyclesBecauseSummerIsComing😀@sarahwedde this is partly true. You need a certain amount to live, even when living frugally. True.
On the other hand: I was earning nicely, but nothing excessively for my country, higher education. Plus I worked almost part time, as a single mother.
I stayed budgeting+ living frugally, and managed to save and reached fire by 50. None of my colleagues (multiple hundreds of ppl) managed, while being on the same salary(or more). None of us were deemed high earners.
On the other hand: I was earning nicely, but nothing excessively for my country, higher education. Plus I worked almost part time, as a single mother.
I stayed budgeting+ living frugally, and managed to save and reached fire by 50. None of my colleagues (multiple hundreds of ppl) managed, while being on the same salary(or more). None of us were deemed high earners.
Kevin Karhan 
@sarahwedde EXACTLY THAT...
#EliteProjection needs be fucking illegal and penalized with living off half the lowest #MinimumWage permissible under any circumstances with no subsidies or capital access until they #deradicalize properly...
sabik
Stephen Cox AuthorPeople who send the steak back in resteraunts telling people who run out of money the week before payday how to eat grass
Kotes@sarahwedde That's exactly right!
Michal Bryxí 🌱@sarahwedde I had a conversation with a friend recently who claimed that poor people are just bad with money and should be just taught how to save.
So we did a little exercise of how much one can save if one saves a bit of their tiny income every month. In a year we would have not nearly enough to get a second hand fridge if the old one would die.
Said friend could buy a brand new fridge every month without even noticing on their budget.
It's not wealth illiteracy that makes people poor. It's a lack of money.
pancakes🔜Bed@sarahwedde I had an art teacher tell me that artist need to treat art as a full time job and that it was doable because people only have to work 20 years of their life before they can retire.
Even if that were true, they're telling people to wait to be at least in the late 30s to begin their life.
Even if that were true, they're telling people to wait to be at least in the late 30s to begin their life.
alice🐰🏳️⚧️✨@sarahwedde liberalism.
folks just have no idea what it’s like to live in poverty unless they are *actively* in poverty. if they were living in poverty as a child, or 2 years ago, they’ve completely forgotten what it was actually like.
they want to believe that they got out because they worked hard, that they are in control. they can’t stomach nor confront the notion that they aren’t in control, that budgeting doesn’t make you wealthy.
wealth is just a measure of who you are standing on. never earned, always stolen.
Photo Ewen 📷The level of freedom that comes from not having to think about the cost of a packet of noodles is beyond anything I could have imagined when I was younger.
@sarahwedde
Or this article about the couple that paid off ther debt by simply increasing their income by 800%
https://finance.yahoo.com/news/had-no-money-dave-ramsey-210026116.html?guccounter=1
'We Had No Money' - Dave Ramsey Congratulates A Couple Who Paid Off $351,500 Of Debt In 9 Years – But Realizes They Didn't Pay Off The House
Most of the time, Dave Ramsey features callers who need financial advice, but this time he had a couple in his studio who wanted to share their impressive...
Virginicus@sarahwedde Don’t say this to an old person, unless you want a looong story about how poor they used to be.
Cha Cha@sarahwedde I know someone who owns a private preschool and manages the budget for the school. She also maintains this attitude while she hasn’t given any raises to her staff for a year and a half because the school is “losing money” (= paying her more money than it should be) every month
Ulysses Castillo@sarahwedde @AimeeMaroux I’m amused at all the “job advice.” Like the one that advises you to just wash 25 cars a week for $250 each. lol.
Jason, Human, Average 
@sarahwedde
The fact they can't understand such a thing makes them not only worse at the very concept of budgeting but at math. And the fact they're trying to explain such things also makes them pretty horrible at life too.
The fact they can't understand such a thing makes them not only worse at the very concept of budgeting but at math. And the fact they're trying to explain such things also makes them pretty horrible at life too.
Pteryx the Puzzle Secretary@sarahwedde Little from Column A, little from Column B.
I was *stunned* to learn that one of my D&D buddies had only learned budgeting through learning project management in college, via her being so impressed that my "common sense" character knew how to draw one up.
OTOH, this same player is stuck living with her parents (despite how terrible her mother is) because jobs just don't pay enough for her to do otherwise, even *with* those skills under her belt.
💀 𝓕airchild 💀
Miakoda 
@sarahwedde
Ah, the number of times I've been told I should be saving up money.
Fucking how? My income does not meet my bills!
"Live with in your means".
That means I simply die. I have the 2nd lowest rent I've ever paid since leaving my mom's place. There is nothing between here and the gutter.
I drive a car old enough to marry, that I own outright.
The $160 a year I spent on one thing to keep me somewhat sane ain't paying my rent either.
Ah, the number of times I've been told I should be saving up money.
Fucking how? My income does not meet my bills!
"Live with in your means".
That means I simply die. I have the 2nd lowest rent I've ever paid since leaving my mom's place. There is nothing between here and the gutter.
I drive a car old enough to marry, that I own outright.
The $160 a year I spent on one thing to keep me somewhat sane ain't paying my rent either.
@sarahwedde
Or one of my faves...
Back when I had a Samsung Galaxy Note 2, and the new one out I believe was a 4... some lady gave me shit when she saw me with it swiping an EBT card.
I was like "Listen, bitch... I had income before. I bought it when I had income. I need a phone to answer when an employer calls. Explain how it'd be economically smart to have no phone or trade this working one in for one that fits your definition of poor!"
Or one of my faves...
Back when I had a Samsung Galaxy Note 2, and the new one out I believe was a 4... some lady gave me shit when she saw me with it swiping an EBT card.
I was like "Listen, bitch... I had income before. I bought it when I had income. I need a phone to answer when an employer calls. Explain how it'd be economically smart to have no phone or trade this working one in for one that fits your definition of poor!"
@sarahwedde
And just in case any asshat is reading along and wonders about my fancy Pixel whike I try to get disability benefits... It's a Pixel 4. It's so old, it's been out of official updates for a while! I just take care of my things... because I'm poor and can't afford not to take care of my things!
And just in case any asshat is reading along and wonders about my fancy Pixel whike I try to get disability benefits... It's a Pixel 4. It's so old, it's been out of official updates for a while! I just take care of my things... because I'm poor and can't afford not to take care of my things!
Bunnytown 💜⁷
flootidentity
ᓚᘏᗢ@sarahwedde why don't poor people just buy more money ? i am very intelligent
Maximilian Overdraft, Esq.@sarahwedde If a person is able to save, what you're stockpiling is inequality. Share your prosperity. Budget with your community.
ferricoxide@sarahwedde
Mostly, I hide money from myself so the temptation to piss it away isn't there (and, in cases of financial surprises, things tend not to be disastrous). That I'm able to hide any, though, is because there's enough beyond my daily needs in order to tell my employer, "direct deposit X% into this other account I only look at in times of emergencies".
Mostly, I hide money from myself so the temptation to piss it away isn't there (and, in cases of financial surprises, things tend not to be disastrous). That I'm able to hide any, though, is because there's enough beyond my daily needs in order to tell my employer, "direct deposit X% into this other account I only look at in times of emergencies".
morayner@sarahwedde FUCK YES THIS
"but you just have to save, say, 50 bucks per months for 120 years and you'll have the thingie, easy!" Dude, 50 bucks is what I have left on my bank account at the end of the third week of the month. On what exactly do you expect me to make cuts? My pasta budget?
"but you just have to save, say, 50 bucks per months for 120 years and you'll have the thingie, easy!" Dude, 50 bucks is what I have left on my bank account at the end of the third week of the month. On what exactly do you expect me to make cuts? My pasta budget?
Potato Enthusiast 🇵🇸This. This. This.
But also, when you do something to save money (grow a garden, store bulk, travel further for a bargain) the money is a buffer against fail.
If the garden dies, the stored food goes bad or the destination doesn't have the bargain after all, I'll be fine.