That number seems really low…and also not news. I’m 40 years old, and never met anyone who WASN’T living paycheck to paycheck.
I don’t get out much, so I have no clue how others are doing. I’ll admit that shit sucks right now, but I haven’t been living paycheck to paycheck since working part time in my early 20s over a decade ago. I live in a low COL area and make about $35-$40,000 a year. I only spend maybe $15,000 a year. I may never be able to buy a house, but I’m far off from paycheck to paycheck. It makes me wonder if people who are living that way are maybe just living outside of their means?
It makes me wonder if people who are living that way are maybe just living outside of their means?
Could also be a large percentage of people have significant student loans and/or medical debt.
Or just shit luck. A string of expensive things breaking can put you in a hole.
In New Zealand there is no such thing as a low COL area, and where there is, it is a small village in the middle of nowhere that has literally no job openings available.
Dual income, no kids. Not living paycheck to paycheck.
But yeah, all of our friends are single and living paycheck to paycheck.
Single (but pretty good) income, and also not paycheck to paycheck. I’ve got an extra couple of paychecks in the bank and could draw off my retirement for quite a while because I put everything except a couple of paychecks ahead into either retirement or into paying off my house. Pretty much all my friends are living paycheck to paycheck though.
I grew up poor as hell so I’m doing my damnedest to actually have some time to relax.
