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Also if you are anything near minimum wage in most of the united states its useless advice. Saving that 9 dollars a month won't lift you out of poverty only gro
by cmdrfred 10y ago
Also if you are anything near minimum wage in most of the united states its useless advice. Saving that 9 dollars a month won't lift you out of poverty only growth will. Invest in yourself.
- artimaeis 10y agoSure, but given that the median income in the US is $51,939 (2013) I think it's safe to assume that most people (in the US) can gain a lot by following the simple tenant of spend less, save more. But even MMM has suggestions for people who make too little - I suspect most finance blogs do. MMM advocates getting into a profession where you can make at least the median income, because that's obviously the easiest way to increase your potential savings if you're low-income.
- JamesBarney 10y agoThat's median household income. Median personal income is $32,000