4 ms·
They are in the same boat in that they face potential financial ruin if they don’t get their next paycheck for whatever reason. There is already a separate ter
by opportune 7y ago
They are in the same boat in that they face potential financial ruin if they don’t get their next paycheck for whatever reason.
There is already a separate terms to describe people who live paycheck to paycheck to cover essential living expenses, it is called poverty.
- brailsafe 7y agoI think one is trying to get out of ruin in general, whereas the other potentially risks financial ruin
- Retric 7y agoYou can be poor and have financial security. Pensions that fail to keep up with inflation would often strand the elderly with minimal income. But, assuming they had heath insurance they where generally in an very stable situation.
- brailsafe 7y agoRight that's what I meant. No debt, but no money, doesn't strike me as financial ruin. Though a sudden extreme expense could put you there. In either case, the term financially vulnerable could apply.