Comment on I'm working on it, ok?

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ALoafOfBread@lemmy.ml ⁨8⁩ ⁨months⁩ ago

If they’re able to, yeah. If you can’t afford to save (ie can’t pay basic expenses with money left over for savings), then no.

If you’re spending everything you earn, then if you miss a paycheck/get fired you’re screwed. If there’s nothing you can cut back on to save money and there’s not a sufficient government safety net - then that’s a really dangerous spot to be in.

The first priority when it comes to financial planning is having enough saved so that if you have an unexpected expense or get fired you won’t be out on the streets.

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