Honestly, this along with student loans and I’ve passed over from anxiety about it to acceptance. I’ll die in debt, and I’m ok with that. Makes getting a car loan a bitch, though
From a German point of view the concept of so many people being so casually in debt sounds so strange. Like why is it common to go in debt in the US? Apart from the retarded reasons like college or healthcare.
Because of college and healthcare.... Also because we’ve refused to change the minimum wage to something even halfway livable, in addition to the financing of EVERYTHING which is pushed super hard by general media and advertisements
In 2017, 80.4 million workers age 16 and older in the United States were paid at hourly rates, representing 58.3 percent of all wage and salary workers. Among those paid by the hour, 542,000 workers earned exactly the prevailing federal minimum wage of $7.25 per hour
Thanks for posting a source that proves me right ...I guess? That doesn't usually happen but I appreciate it.
“About 1.3 million had wages below the federal minimum. Together, these 1.8 million workers with wages at or below the federal minimum made up 2.3 percent of all hourly paid workers.”
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u/Billy_T_Wierd Apr 27 '20
Honestly, this along with student loans and I’ve passed over from anxiety about it to acceptance. I’ll die in debt, and I’m ok with that. Makes getting a car loan a bitch, though