5 ms·

All it takes is one bad month for someone living paycheck to paycheck to go from okay to not okay.

• StavrosK 15y ago
  If you're living paycheck to paycheck, it means you're spending 100% of what you get. A bad month makes it expenses > income. The trick is to not live paycheck to paycheck in good months, and it seems like $9/hr should be enough for a bit of savings.
  • thebooktocome 15y ago
    How much could a person working $9/hr save during a good month? A couple hundred dollars? It would take several consecutive good months to offset a single bad month.
    • cbr 15y ago
      I live on $750/month [1], $9/hour is ~$1450/month, so in a good month I could probably save about $700. [1] http://news.ycombinator.com/item?id=3070904 http://news.ycombinator.com/item?id=3070904
    • StavrosK 15y ago
      Yes, it would.