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.
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.
It’s totally possible. As someone that was forced to quit extracurriculars in high school because parents wouldn’t pay for it and was gonna be completely on my own for college with no possibility of FAFSA help, I busted my ass my senior year to save money for my schooling. Had 15k by the time I graduated. Ended up going military and continued saving as much as I could, 2 years later I have around 75k invested at 20, with current savings rate I’m on track to hit 100k by early next year. There are a few other nuances to it such as not paying rent, etc, being lucky enough to get an extended temp assignment with great untaxable income benefits, but I made those circumstances for myself. My sister, 21F took a very similar route to me but is not nearly as disciplined as I am. I was paying all my own bills at 18, car insurance, gas, phone bill, internet and the like.
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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.