Still not broke

home decoration with the word “money”
home decoration with the word “money”
Photo by Oleg Magni from Pexels

In 2015, Dan Price announced the minimum wage at Gravity Inc would be $70,000. He made this decision after an eye-opening conversation with a friend that was making $50,000 a year. Dan got mad, especially at himself. He had employees that he valued as partners who were making less than that.

Price remembered a study declaring people feel significantly more miserable when they earn less than $70,000 a year. At Gravity Inc, a new employee earned around $35,000 a year. So Price decided to find a way to pay staff members a minimum annual salary of $70,000.

The decision took…

The average American millennial has a net worth of $8,000 while having $27,251 in non-mortgage consumer debt.

small jar with a few coins and a small plant
small jar with a few coins and a small plant
Photo by Kindel Media from Pexels

Set up an emergency fund

Setting up an emergency fund is one of the most important (and obvious) financial advice ever given. Why? Because an emergency fund turns a crisis situation into a small inconvenience.

In case you lost sleep doing financial calculations which filled you with fear and anxiety, it’s time to put those feelings to sleep.

Besides your mental health, an emergency fund serves a purpose of equal importance. …

Matthew Wallaker

Everyone has a voice which deserves attention. So I decided to use mine.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store