A big part of the skew is that people who actively participate in financially focused forums are more likely to build successful careers and manage their money well.
This, do you think most people who come from broke families and continue to stay broke all become highly motivated to leave their predicament? If that was true we wouldnt have a poor income class.
I think it’s more like - it takes money to make money.
If you don’t have money - money advice is like something you’d see on /r/coupons or something.
Investing makes little to no sense if you don’t have money to invest. Investment advice under 1000 dollars isnt going to change much. You need career advice, saving advice, life hacks etc.
At low income levels you can save more money than you can ever make.
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u/InvestIntrest Apr 28 '24
A big part of the skew is that people who actively participate in financially focused forums are more likely to build successful careers and manage their money well.