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Living paycheck-to-paycheck can be representative of good choices being made (and I'd guess it is, in most cases). Most people can't afford everything they opt
by learnstats2 8y ago
Living paycheck-to-paycheck can be representative of good choices being made (and I'd guess it is, in most cases).
Most people can't afford everything they optimally need while minimising their risk, and so have to manage this by optimising as much as they are able within their paycheck. People with limited resources are going to hit a barrier somewhere, and spending your income is often going to be the least bad barrier to hit.
- ianleeclark 8y ago> Most people can't afford everything they optimally need while minimising their risk, and so have to manage this by optimising as much as they are able within their paycheck. Not being able to afford basic necessities-in the most wealthy nation in the world-indicates something being broken.
- cpwright 8y agoI think the point is that living paycheck isn't indicative of not being able to afford basic necessities. It is the desire to spend most of your income on more than what are actually basic necessities.
- ianleeclark 8y agoNo, that's absurd, and with the trend of depressed wages and increases in rent over the past few decades, workers wages are increasingly being stretched thin. Moreover, I was responding to OP, specifically the conclusion I quoted and these two statements: > Living paycheck-to-paycheck can be representative of good choices being made (and I'd guess it is, in most cases). and > Most people can't afford everything they optimally need while minimising their risk,
- supertrope 8y agoThere are many shades of gray between a new Escalade and living on rice and beans to due to medical debt.
- supertrope 8y agoWe live in a country where rewarding success and freedom to fail is more important than general welfare. People who are excelling obviously endorse the status quo. But also many who are lagging also endorse it because they get to directly control their finances and think they will make it one day. To give an example, if the USA allowed individuals to opt out of Social Security, many would do so and then live out their senior years in penury.
- deleted 8y ago[deleted]
- Aeolun 8y agoNobody in the US seems to be able to see the value of doing things collectively.
- adrr 8y agoMost people can afford common necessities in the US. It is how they choose to spend their money and the lifestyle they live. I have multiple family members who have bought houses in Los Angeles, and Hawaii with near min wage jobs which include being janitor, working at a nail salon and a crop picker. None have a high school education.
- ianleeclark 8y agoThat's cool, I know a million janitors living in the LA and Hawaii areas all of whom are unable to afford homes. I love anecdotal evidence