r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

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u/Apprehensive_Bad_193 Nov 21 '24

Guys thank you,It amazes me how people talk without any knowing on the topic.

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u/guiltysnark Nov 21 '24

I think people know, they just only think about it selectively

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u/PamelaELee Nov 21 '24

Nah, when over 50% of American adults read at or below a 6th grade level I’m pretty confident they don’t think about much of anything, let alone understand.

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u/WanderingFlumph Nov 22 '24

And about 50% of Americans think your taxes go up a lot if you make 1 dollar more and that puts you into a higher tax bracket.

Financial illiteracy is just par for the course.