return2ozma@lemmy.world to News@lemmy.world · 2 years ago62% of Americans are living paycheck to paycheck, as holiday spending, credit card debt risewww.cnbc.comexternal-linkmessage-square34linkfedilinkarrow-up1387arrow-down16cross-posted to: usa@lemmy.ml
arrow-up1381arrow-down1external-link62% of Americans are living paycheck to paycheck, as holiday spending, credit card debt risewww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 2 years agomessage-square34linkfedilinkcross-posted to: usa@lemmy.ml
minus-squareSemi-Hemi-Demigod@kbin.sociallinkfedilinkarrow-up9arrow-down6·2 years agoHow do they define paycheck to paycheck? I believe people are struggling, but I want to make sure I have the numbers right when the wonks get all mathlete with statistics.
minus-squareTenderfootGungi@lemmy.worldlinkfedilinkarrow-up6arrow-down2·2 years agoExactly. You could be maxing Roth and ira, drive new cars, pay on a million dollar house, and live paycheck to paycheck.
minus-squaremriormro@lemmy.worldlinkfedilinkarrow-up3·2 years agoPaycheck to paycheck usually denotes all of your paycheck goes strictly towards critical expenses (food, housing, bills). This is how they’re defining it in their study: https://www.pymnts.com/consumer-finance/2022/what-is-paycheck-to-paycheck/
How do they define paycheck to paycheck? I believe people are struggling, but I want to make sure I have the numbers right when the wonks get all mathlete with statistics.
Exactly. You could be maxing Roth and ira, drive new cars, pay on a million dollar house, and live paycheck to paycheck.
Paycheck to paycheck usually denotes all of your paycheck goes strictly towards critical expenses (food, housing, bills).
This is how they’re defining it in their study: https://www.pymnts.com/consumer-finance/2022/what-is-paycheck-to-paycheck/
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