> Financial shocks exceeding savings The point that person is making is, if a person who makes more than the minimum wage is to reduce spending to 90% of the c

> Financial shocks exceeding savings The point that person is making is, if a person who makes more than the minimum wage is to reduce spending to 90% of the current spending they would be better able to absorb these unforeseen financial shocks. > How many kids do you have? This is another thing I notice (outside and in the article too). A lot of people who live paycheck to paycheck have 3 or more kids. Naturally more kids increase costs. Now I am by no means saying people shouldn't have more kids, but that number should depend on their financial situation too.