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

Posted on 3/8/22 at 5:02 pm to
Posted by Klark Kent
Houston via BR
Member since Jan 2008
73369 posts
Posted on 3/8/22 at 5:02 pm to
Hello,

I’m from the government and i can help. I promise.
Posted by LSUtoBOOT
Member since Aug 2012
19326 posts
Posted on 3/8/22 at 5:04 pm to
quote:

64% of Americans are now living paycheck to paycheck


Didn’t realize that 64% of Americans were currently working.
Posted by TexasTiger90
Rocky Mountain High
Member since Jul 2014
3576 posts
Posted on 3/8/22 at 5:05 pm to
Not really, had a lot of fun there while I was in college. But it is important in simple sentence structure to have a subject.
Posted by LSUtoBOOT
Member since Aug 2012
19326 posts
Posted on 3/8/22 at 5:07 pm to
quote:

Making six figures
Not living paycheck to paycheck
Can confirm my wife is convinced I am a moron


Updated for my situation.
Posted by PassingThrough
Member since Sep 2021
2622 posts
Posted on 3/8/22 at 5:08 pm to
quote:

those are rookie numbers, I bet this administration can pump those numbers right up


This country would be so much better off if its people realized carrying the proverbial water/talking points for the big money that really runs things only hurts themselves. A strong, competent government is the only thing that really acts as speed bump to the corporate wealth, and people still can't see how assiduous they have been in tearing it down. They literally have the cannon fodder screaming for more cannons and bigger cannon balls.
This post was edited on 3/8/22 at 5:09 pm
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
136441 posts
Posted on 3/8/22 at 5:09 pm to
Bout to get worse.

Brandon doing that.
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 3/8/22 at 5:15 pm to
quote:

This country would be so much better off if its people realized carrying the proverbial water/talking points for the big money that really runs things only hurts themselves. A strong, competent government is the only thing that really acts as speed bump to the corporate wealth, and people still can't see how assiduous they have been in tearing it down. They literally have the cannon fodder screaming for more cannons and bigger cannon balls.


That strong government as long as I’ve been alive seems to only aid in the formation of the conglomerates you hate at the expense of the common person. Corporate bailouts and extremely low interest rates that aid in borrowing has been standard operating procedure my entire life.
Posted by wheelr
Banned
Member since Jul 2012
5882 posts
Posted on 3/8/22 at 5:20 pm to
People have been trained to consume.

Poor people buying expensive vehicles or phones has been a thing for a while. Now they are having fast food delivered to their house.

Don't forget to post what you bought on social media or it doesn't count.
Posted by PassingThrough
Member since Sep 2021
2622 posts
Posted on 3/8/22 at 5:21 pm to
people still can't see how assiduous they have been in tearing it down
quote:

That strong government as long as I’ve been alive seems to only aid in the formation of the conglomerates you hate at the expense of the common person. Corporate bailouts and extremely low interest rates that aid in borrowing has been standard operating procedure my entire life.


And that is my point. They have 60% of the country screaming about welfare when a far bigger issue is corporate welfare.

People can recognize government has become just a screaming match but even when following the money still can't piece together the plot points.
This post was edited on 3/8/22 at 5:24 pm
Posted by thegreatboudini
Member since Oct 2008
7106 posts
Posted on 3/8/22 at 5:25 pm to
quote:

I wonder how everyone else is doing.


This is where I'm at.

My wife and I don't live paycheck to paycheck by any stretch, but how the hell does my neighbor with 1 physicians assistant income, a stay at home wife, and 3 kids under 6 manage to buy a 475k house?
Posted by Warfarer
Dothan, AL
Member since May 2010
12363 posts
Posted on 3/8/22 at 5:27 pm to
I make right at 6 figures now, I struggle to pay some bills here and there but it is because I a: am saving about 23% right now between 401k, Roth and mutual funds and b: I buy shite I shouldn’t.
Posted by GreenRockTiger
vortex to the whirlpool of despair
Member since Jun 2020
59086 posts
Posted on 3/8/22 at 5:29 pm to
quote:

I buy shite I shouldn’t.

This is the biggest problem with everyone

And all the shite they buy for their kids
Posted by GreatLakesTiger24
Member since May 2012
59246 posts
Posted on 3/8/22 at 5:30 pm to
Living paycheck to paycheck is very trashy
Posted by StonewallJack
Member since Apr 2008
936 posts
Posted on 3/8/22 at 5:35 pm to
Winner winner!! I've been asking that for the last 10 years. Can someone tell me the secrets to success?
Posted by cheobode
Member since Dec 2017
1499 posts
Posted on 3/8/22 at 5:35 pm to
quote:

how the hell does my neighbor with 1 physicians assistant income, a stay at home wife, and 3 kids under 6 manage to buy a 475k house


I never understood that either. The best are the ones that work 7 days a week, 12 hour days and budget their lifestyle accordingly. Then when the boss puts a slash to the budget and everyone goes back to 40 hour weeks, they wonder how they're going to afford everything.
Posted by cheobode
Member since Dec 2017
1499 posts
Posted on 3/8/22 at 5:39 pm to
quote:

1 physicians assistant income, a stay at home wife, and 3 kids under 6 manage to buy a 475k house


I like doing math so, a PA would take home about $6k a month and the note on that house is about $2,500 so it's doable.
Posted by SocraticTiger
Member since Dec 2021
253 posts
Posted on 3/8/22 at 5:40 pm to
Wife and I make $275K gross. We save 15% for retirement off the top. Take home is about $11,200 a month after taxes, insurance and retirement.

I think 70% of take home is hard bills (2 cars, 2 student loans, mortgage, insurance, day care, food, gas, etc).

We try to save 30% of take home but we're not that good. Probably 18% a month net for checking savings.

I think we're awful at money, personally. We have been trying to get better.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
73071 posts
Posted on 3/8/22 at 5:41 pm to
“For the poor ye shall have with you always…”

Matthew 26:11
Posted by yellowfin
Coastal Bar
Member since May 2006
98775 posts
Posted on 3/8/22 at 5:43 pm to
0% of the OT
Posted by Methuselah
On da Riva
Member since Jan 2005
23350 posts
Posted on 3/8/22 at 5:43 pm to
quote:

Even among those earning six figures, 48% said they are now living paycheck to paycheck, up from 42% in December, the survey of more than 2,600 adults found.

If you're making 6 figures and you are living paycheck to paycheck, you are doing something wrong.
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