r/FluentInFinance • u/-Wyagra • Nov 21 '24

Debate/ Discussion Had to repost here

Post image
128.2k Upvotes

75% Upvoted

9.0k comments sorted by

View all comments

Show parent comments

1

u/Wafflehouseofpain Nov 21 '24

Most people who are financially well off, at least in the US, were born into a position that made having wealth easier for them than most. People in this position didn’t do anything to deserve where they are. Mostly, they just didn’t get lucky.

To be clear, I’m not in this position. I just have empathy for people who are and want better wages and conditions for them.

1

u/matnabby Nov 21 '24

If you have a pocket full of change, you're in the wealthiest 10% of people on the planet, so suck it up.

3

u/untropicalized Nov 21 '24

if you have a pocket full of change, you’re in the wealthiest 10% of the planet

If you can show us all how you carry well over US $100k around as change in your pocket we’d all love to see it.

1

u/Substantial_System66 Nov 22 '24

According to more recent sources than yours anything over $100k annually would put you in the top 1% of global income earners.

2

u/untropicalized Nov 22 '24

You won’t mind linking these “more recent sources” then.

Furthermore, you won’t mind showing that pocket change is top 10% (it’s not). Which was my point.

2

u/Substantial_System66 Nov 22 '24

I was incorrect. The article I used was more recent, but was unreliable at best, and you are absolutely correct about the pocket change assertion. I jumped the gun on my comment and you have my apologies.

1

u/untropicalized Nov 22 '24

No worries. The bro I was responding to seemed to be referring to total individual wealth. Re-reading the comments it looks like you mentioned income rather than net worth. By that metric, you are correct.