This Group Is Sharing Painful Truths And Jokes About Being Poor, Here Are 40 Of The Best
InterviewGoogle "how to save money" and you'll get 3,740,000,000 results, promising you will be able to save up for any purchase if you just give them a click and scroll through their ads. Oops, I mean, text. Move over Jerome Powell, nowadays even teenage TikTokers are experts on macro and micro economy. Or are they?
The members of the subreddit Poverty Finance: Personal Finance For The Financially Challenged don't think so. And when you look at their content, it becomes pretty difficult to disagree with them. These Redditors share actual financial advice, frugality tips, stories, opportunities, and general guidance for people who are struggling financially. Oh, and they also torch pseudo financial gurus, burning their out-of-touch content to a crisp. My favorite.
So this time, as an introduction to the online community, we'll focus on the jokes and memes they've collected since getting together in 2018.
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Being Poor Is A Choice? If You Play By The Rules You'll Be Safe? Really? Tell That To Him
Being Poor Is Expensive
What A Lot Of "Frugal Bloggers" Don't Realize
So True It Hurts
We picked a credit union because we made it clear that if we don't have the money, we wanted to be declined. No bank would agree to that but we found a credit union that promised they would not if we signed up for the overdraft protection. They got rid of it a year later without telling us, my husband was 50 cents short and our credit union allowed the cable company to try to run the payment 3 times in one day, meaning 3 overdraft fees of $32 for being 50 cents short. My husband gave a very impassioned speech in the lobby, about how they were their to protect our money and they had left us exposed, etc. Told them that our money was better protected in our mattress. The manager came out, agreed with my husbands logic and set us up a line of credit so if we don't have the funds in our account, it pulls from the line of credit automatically. No overdraft fees in 10 years. Highly recommend if you can find a bank who will set that up for you.
Just A Holiday Reminder
That's how I think about unnecessary purchases. "Well, this coat will cost me three days work", or renting a movie will cost five minutes work, or and a possible vacation will cost two weeks work or whatever. Thinking about whether an item is worth the amount of work put into buying it really puts things into perspective!
Had A Good Laugh At This
Love this! I think I'll go out today and invest in some avocados. I finished my last investment (bananas), and want a change now.
*Sad Noises*
This is exactly my situation. Rent is almost 900e/month. If I somehow managed to save 4000-6000e, I could ask for a loan at the bank and buy a nice place at 120k. And pay that 500e or something a month for 25 years. But I can't save much because my pay is 1900e / month and over half goes to rent and bills.
Financial Health Is The Best Form Of Therapy
Money doesn't buy happiness, but it does buy food, housing, heat, clothing....
Can Anyone Explain Where My Starbucks Money Is Going?
Not drinking enough coffee. You could be a billionaire when you're high on caffeine. Infact, you could be anything.
Pretty Much
Stress
I Know Many Of Us Are Taking Responsibility For Our Part, But...
The lie that all poor people are poor because they're "bad with money" needs to die.
It’s Not That Hard
Money Saving Tip!
They are not everywhere.Distance costs money but the peace and books are worth more than anything. *sighs
Me, Organizing My Finances
To Be Honest
Growing up poor, you learn that what the world sees as junk stacked in your yard, is actually the only bank account that you have. Thus, the ads on blocks in the yard, the scrap steel, the old lawnmowers. You know that as soon as you get rid of something, you will need it, and can't afford to buy it. You pass this knowledge and insecurity on to your children without even realizing it. America is NOT the home of the free, and the brave. It's the home of wage slavery, and politicians picking away at what little you have left. It's time to change things. For the better, for everyone except the 1%.
I Felt That While I Laughed
I’ve Never Felt More Prepared
Ain’t That The Truth
Poverty Marriage
One Star
Amirite
Overdraft Fees Cripple People Already Struggling Financially
It Never Ends
Well, It's Technically A Phone Number...
It’s Almost Offensive, Right?
Santa Won’t Bring Me Rent Money
Big Poverty
Of course there is. Nothing easier than taking advantage of someone who can't afford to fight back. It's the socioeconomic equivalent of beating up crippled people.
Finally Figured It Out
It’s Fine, I Didn’t Want To Have Fun Anyway
Breaking News! Millennials Are Still Poor
Oof
Well if you want to look on the bright side of things, we poor folks are always ready for that struggle battle, and come out of it alive until the next one comes along
Here’s How To Pay Off Your Debt
Save Half Your Paycheck, Regardless Of Whatever Else You Have To Pay For, Regardless Of What You Earn, I Guess
And It Also Doesn't Have Debt
Pigeon breast cooked in a herb and cracked pepper butter, with a red wine and plum sauce reduction on a bed of sorrel leaves. And $20 to spend on drugs and alcohol.
Two Ways
I have just been able to retrain for a job that will pay me more, with a government grant and £10 000 of debt. I mean, I worked hard, but essentially I paid for a qualification in order to earn slightly more money, which I will now spend several years of my life working off. I do wonder if it was worth it.
This Hit Me Hard
YES. Double if you have a sibling doing better than you, that your parents like better, but you’re still the retirement plan.
Game Stop Stock
"Poor People Are Just Bad At Saving Money"
So True
There are only houses in this price range in some states. Definitely not California!
This Hit Close To Home
I never go forward if they ask for my bank account details for the free trial, if I go forward I put a warning /reminder in my calendar. And since I had to pay for things because I forgot to do the Kündigung = notice of termination. I sign the contract and at the same day I send the Kündigung for the future too.
Can’t Shame Poor People For Wanting Nice Things Too
"Nice things" in this case should also include paid time off work because we're not autonomous machines and need to recharge. "Nice things" includes the latest Matt Haig book (if that's what floats your boat - I just googled top popular authors 2020), because reading shouldn't be a luxury. "Nice things" includes a decent internet connection - needed for most things these days and if you want to spend 4 hours on YouTube, no one has the right to police that. "Nice things" does NOT automatically mean "latest iPhone" and I think that's where people's brain shortcut makes them push back against this opinion.
It's Time For A New Loan
Poor persons airconditioning in a car. It is called 4/36. That is 4 windows open at 36 mph.
How I Feel About Overdraft
Are these numbers realistic? We pay interest here when we overdraw, but that’s not much. I overdrew a few 100 and payed 3 cents. Do you really pay 30 bucks for 75 cent overdraw?
It'll Ruin The Day
In Trying Times Like These, It's Important To Remember This Advice
Or in a country where poverty means that you don't have a mansion or a multi million dollar sport car.
Feels Bad
He Gets It
Not Big On Dave Ramsey But This Is Solid Advice On Car Buying
The car i can afford to pay cash for costs approx $1 and is likely a Hot Wheels. If, by a miracle, I were to save up a few hundred for an old beater car, I'd prob spend more money in repairs and duct tape holding it together, as my kids push it down the road to get to school. So, I go into debt to have a reliable car, where my kids can actually ride inside of it.
Paying Rent With Cash Really Puts The Cost Of Living Into Perspective For Me
It Never Ends
I went to open my first account in Japan. It was at Citibank. They explained that they would charge $50 per month if I had less than $500 in it. So I asked "so you take money from me if I don't have money?! Is that a joke?". He said it's standard at any bank. I laughingly said "no it's not" an opened somewhere else that doesn't have those fees, even though it was hard because I didn't speak Japanese. I will never even try another American bank.
Ha. I had this same experience. I opened with CitiBank (hilariously Shitibanku in Japanese) because I needed a place for my paychecks, rent, etc. Luckily I was able to maintain the minimum. After a few months, I was able to get my office manager on the phone to set up an account with Mizuho. That said, I've never had fees in the US on any bank.
Load More Replies...Was talking to a buddy of mine a while back. He told me that he and his wife had a deal. If either one of them got really sick, they'd immediately get a divorce so they wouldn't totally destroy the family's finances. Why the hell should that even have to be on the table? To have to do such drastic measures just to avoid ruining your finances is just criminally depressing.
That is sad. Kudos to them for their creativity in finding a solution, but awful that they had to resort to a plan like that.
Load More Replies...Eddie Vedder had a great take on wealth: There's only two things I appreciate about finally having some money. The first is I no longer have to worry about money, & that's such a constant burden that's lifted. And secondly, I can help those in need or help righteous people or organizations that deserve it. Money is like fertilizer: If you spread it around it can do a world of good. If you don't, your selfish ass will end up with a pile of s**t.
The quote is "Money, pardon the expression, is like manure. It's not worth a thing unless it's spread around, encouraging young things to grow." Dolly Levi.
Load More Replies...I went to open my first account in Japan. It was at Citibank. They explained that they would charge $50 per month if I had less than $500 in it. So I asked "so you take money from me if I don't have money?! Is that a joke?". He said it's standard at any bank. I laughingly said "no it's not" an opened somewhere else that doesn't have those fees, even though it was hard because I didn't speak Japanese. I will never even try another American bank.
Ha. I had this same experience. I opened with CitiBank (hilariously Shitibanku in Japanese) because I needed a place for my paychecks, rent, etc. Luckily I was able to maintain the minimum. After a few months, I was able to get my office manager on the phone to set up an account with Mizuho. That said, I've never had fees in the US on any bank.
Load More Replies...Was talking to a buddy of mine a while back. He told me that he and his wife had a deal. If either one of them got really sick, they'd immediately get a divorce so they wouldn't totally destroy the family's finances. Why the hell should that even have to be on the table? To have to do such drastic measures just to avoid ruining your finances is just criminally depressing.
That is sad. Kudos to them for their creativity in finding a solution, but awful that they had to resort to a plan like that.
Load More Replies...Eddie Vedder had a great take on wealth: There's only two things I appreciate about finally having some money. The first is I no longer have to worry about money, & that's such a constant burden that's lifted. And secondly, I can help those in need or help righteous people or organizations that deserve it. Money is like fertilizer: If you spread it around it can do a world of good. If you don't, your selfish ass will end up with a pile of s**t.
The quote is "Money, pardon the expression, is like manure. It's not worth a thing unless it's spread around, encouraging young things to grow." Dolly Levi.
Load More Replies...
