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this post was submitted on 26 Nov 2023
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Asklemmy
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A sizeable chunk is too busy surviving.
The system is working as intended.
I mean, you would save a lot more money if you did 2 seconds of research by comparing prices before you buy things and also avoiding unnecessary expenditures like convenience foods like Taco Bell, junk food, and carbonated beverages.
It's amazing to me how many people let themselves get nickel and dimed to death because, "it's only $20."
source: https://nlihc.org/oor/about
this isn’t even taking into account groceries, transportation, medical expenses, etc. the problem is not buying too many carbonated drinks.
It says the average rent for a 2 bedroom rental is $1,486. If you're working $15/hr then you absolutely should be avoiding unnecessary expenses if you want to afford to live. Many people lack impulse control and financial literacy. If they had savings, then they could afford to ride out emergencies and move for a better job, things you can't do when you have $15 to your name. It honestly hurts to watch some people actively hurting themselves by their own bad decisions.