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But the stimulus payments were 1 off vs increases in annual salary, which makes it a lot harder to use it towards lifestyle inflation.
by xur17 5y ago
But the stimulus payments were 1 off vs increases in annual salary, which makes it a lot harder to use it towards lifestyle inflation.
- bumby 5y agoIs your perspective that a windfall is less likely to lead to discretionary spending resulting in a paycheck-to-paycheck lifestyle than a salary increase? I may be wrong, but my previous intuition was that if people have a recurring increased income stream they'd be more likely to save and invest than if it was a one-off.