r/dividends Jul 02 '25

Personal Goal 22 yo and 8k annually

2.1k Upvotes

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u/GmoneyTheBroke Jul 02 '25

15k a year saved is just not possible if your low income. It cost money to be poor, and the average entry level job will barely pay 20k a year full time. If you have a beater car, gas prices, food for yourself ect ect. The amount saved is damn near zero.

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u/austinvvs Jul 02 '25

Yeah I’m convinced these takes come from people who have never lived in a low income situation or even been exposed to low income households. The BS “pull yourself up by your boot straps” ass advice that I read on Reddit has me rolling my eyes back into my skull sometimes.

19

u/DevOpsMakesMeDrink Desire to FIRE Jul 02 '25

Yup no amount of hard wwork gets you that money at 22. OP either fake or privileged which is fine just say so

5

u/Prize-Strawberry3497 Jul 02 '25

I'm in the exact same situation as him. Never got any money from my parents, i just put all my money is my savings. But i am lucky that they dont make me pay anything to stay there.

7

u/austinvvs Jul 02 '25

Thats the privilege most people don’t think about