6 ms·
>>Unexpected expenses will of course mess it up and throw you into a spiral if you don't have a buffer. But that's true at any income level. Not really. Minimu
by enraged_camel 12y ago
>>Unexpected expenses will of course mess it up and throw you into a spiral if you don't have a buffer. But that's true at any income level.
Not really. Minimum wage jobs rarely cover health insurance.
- kelnos 12y agoMany people even in higher-wage jobs only have a high-deductible health plan. Any unexpected medical cost can cause problems for people.
- Swizec 12y agoThere are other unexpected expenses that can mess things up. Your home might burn down and you have to replace not only the home but all your possessions. You might get sued and have to pay lawyers and/or settlements. You might simply get divorced and spend a bunch of money on that.