This guy made a lot of financial mistakes. His earnings are many many multiples higher than people from less fortunate countries, even after adjusting for cost of living.
>"Ate eggs for days, while waiting with my last 5$" ??
Eggs are no-where near the cheapest food you can get. eggs are 12$/2000 calories!! He should've gotten oatmeal -> at 70c per pound, it comes out to less than 1$ per/2000 cals. And I'm sure this is only the tip of the ice berg of financial mistakes, as he's making over 50K per year average.
But, there's a bigger message we can draw from this.
1. We desperately need better personal finance training - it should be a primary subject taught in k-12
2. We need to get housing costs down. The most important money you spend is shelter - everyone needs shelter, everyone deserves it. It's appalling that in over a hundred years we haven't made any progress at all in this industry. And by progress, I mean, nationwide: the cost of housing relative to inflation has not decreased at all. Some states have been regressing to the extreme: California. Part of the solution: Get rid of all housing regulation that prevents innovation in this industry.
Outside of housing cost, there's many ways to save, it just takes some research.
>"Ate eggs for days, while waiting with my last 5$" ?? Eggs are no-where near the cheapest food you can get. eggs are 12$/2000 calories!! He should've gotten oatmeal -> at 70c per pound, it comes out to less than 1$ per/2000 cals. And I'm sure this is only the tip of the ice berg of financial mistakes, as he's making over 50K per year average.
But, there's a bigger message we can draw from this. 1. We desperately need better personal finance training - it should be a primary subject taught in k-12
2. We need to get housing costs down. The most important money you spend is shelter - everyone needs shelter, everyone deserves it. It's appalling that in over a hundred years we haven't made any progress at all in this industry. And by progress, I mean, nationwide: the cost of housing relative to inflation has not decreased at all. Some states have been regressing to the extreme: California. Part of the solution: Get rid of all housing regulation that prevents innovation in this industry.
Outside of housing cost, there's many ways to save, it just takes some research.