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?
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.
Dual income, no kids. Not living paycheck to paycheck.
But yeah, all of our friends are single and 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?
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.