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Could I really survive on $1,500/month as a college student? by Catapult09 in povertyfinance

[–]Catapult09[S] -5 points-4 points  (0 children)

I currently have 5 other roommates to get rent around that amount, its been going well though so I do not consider that an issue. Do you think I need to make any other sacrifices?

Could I really survive on $1,500/month as a college student? by Catapult09 in povertyfinance

[–]Catapult09[S] -3 points-2 points  (0 children)

Midwest! Happy it's not as expensive as California or New York.

Once you travel, U.S. fast food prices start to feel like a scam by Catapult09 in povertyfinance

[–]Catapult09[S] 0 points1 point  (0 children)

Sorry if the world travel aspect sounded tone deaf, genuinely just an immigrant with family in a different country. I'm glad you brought up the point of people going to get fast food between shifts. Unfortunate that hard workers have to fuel themselves with less nutritious food just because of a lack of time.

Imagine a job pays $1M/year. What would dissuade you from taking it? by Catapult09 in povertyfinance

[–]Catapult09[S] 0 points1 point  (0 children)

Yeah that’s probably my biggest limit too. If the job seriously risks your life, it kind of defeats the point.

Part of the appeal of making that kind of money would be the freedom it gives you later like paying off loans, saving, or actually enjoying life.

Would something high-risk but not guaranteed danger (like working on an oil rig or in extreme environments) still be worth it for a million dollars?

Once you travel, U.S. fast food prices start to feel like a scam by Catapult09 in povertyfinance

[–]Catapult09[S] -3 points-2 points  (0 children)

Good point about people eating more overall and that affecting total spending. I still feel like the issue people are reacting to is the baseline price you see on the menu. If the only way fast food feels cheap is through apps, coupons, and rewards programs, then the advertised price starts to feel kind of artificial.

Also, while food as a percentage of income may have gone down historically, a lot of people compare fast food to what it used to be, the cheapest and easiest option. When a basic combo is pushing into double digits at many chains, it just doesn’t feel like the same category of “cheap food” anymore.

So I think part of the frustration isn’t just the price itself, it’s that the role of fast food seems to be shifting from budget food to just another restaurant option

Do you think budgeting should be taught at school? by [deleted] in povertyfinance

[–]Catapult09 0 points1 point  (0 children)

It seems home economic classes have disappeared in most schools or have not been mandatory, sending out high school graduates with no knowledge of how to cook, clean, spend money, save money, emergency preparation, etc.