The problem isn’t with the CEO, or anyone in higher management. The problem is that someone who is bringing home $1400 a month shouldn’t sign a lease on a $1200 a month apartment and and expect everything to be ok.
An entry level position, making minimum wage, is just that…entry level. The beginning, starting at the bottom with the lowest position and the lowest wages. It’s not where anyone has to stay, unless they just like it there. Talia could have made better choices on where to live, who to live with, what job she took, but she didn’t. She is in the position she is in because of all of her choices. She chose to work in customer service. She chose to rack up a bunch of new credit card debt. She chose to rent an apartment that cost 80% of her income. Those were all her choices, not her former employers.
I would understand if she was promised a raise or promotion or department transfer when she took the job, but as far as I can tell, none of those promises were made. She went into the job knowing full well what she was going to earn, and then racked up a bunch of debt and rented an apartment well above her means.
The Yelp CEO, along with most of the other multi-millionaires earned their money through smart career choices, dumb luck, probably a little manipulation here and there, and the realization that they wanted to advance in their career and financial stability. They didn’t quit or put themselves in a position to be fired because they made a few bad choices early on. It’s not their fault an employee made bad financial decisions. They are entitled because they did something to earn that entitlement, they didn’t just jump out of college with an English Lit major and expect to be bringing 50K working in a call center.
I hope Talia makes something out of her new found fame. I wish only the best for her, but with her current budgeting skills, it wouldn’t matter if she was making $20K a year or $200K a year. If you spend more than you make, you’re going to be broke regardless of your salary.