re: 64% of Americans are now living paycheck to paycheck

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My first job 25 years ago was out of college was 44k. I saved money then. I saved money BEFORE then. I saved more money with every raise. Focused on a reasonable housing (3,000 sq/ft for 254k, not quite 20 years ago), paid it off early. Still drive the same basic "class" of vehicles we always have.

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My first job out of college was 42k, problem was I only graduated 5 years ago instead of 25. I think that's the problem. Wages have not increased requisite with costs of living. That's why we're seeing these issues so widespread.