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re: Report: TOPS mostly benefits students from white, affluent families

Posted on 2/14/16 at 12:35 pm to
Posted by Powerman
Member since Jan 2004
162289 posts
Posted on 2/14/16 at 12:35 pm to
quote:


in Louisiana, that's affluent

i'd imagine it's in the top 10% of median household income


Still not affluent

Just middle class

If you're affluent you can get by without your next 10 paychecks coming in
Posted by slackster
Houston
Member since Mar 2009
85475 posts
Posted on 2/14/16 at 12:44 pm to
quote:

If you're affluent you can get by without your next 10 paychecks coming in





That isn't true, at all.

You ability to get by with no income for 5-6 months has everything to do with your ability to save and be a great money manager and little to do with your household income. There are plenty of people who make more than $200k/years in a household yet they're effectively paycheck to paycheck.
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