4 ms·

I'm playing the world's smallest violin over here. Anybody making that much money and still living "paycheck to paycheck" is doing so by choice, or misundersto

I'm playing the world's smallest violin over here. Anybody making that much money and still living "paycheck to paycheck" is doing so by choice, or misunderstood the question and what it means to live paycheck to paycheck.

inlood 4y ago
Im in the top 1% in my country (yep, third world), and living paycheck to paycheck. Its embarrassing with some 20years experience, but, that's how ot is at the moment.
- jlarocco 4y ago
  I wasn't trying to insult you. High earners in the article are Americans earning >$100k a year.
  - inlood 4y ago
    You're not insulting me. I am insulting myself by not taking action. 100k where i come from is huge money. I make a quarter of it, and it's still top 1%.
  - inlood 4y ago
    but also, my monthly expenses are like $500. Maybe 600. So, it's not really comparable
AnimalMuppet 4y ago
Or by just falling into it without really ever giving it a thought. That's not "by choice", exactly. (Though they do have the option of choosing not to do so, if they stopped to think about it...)
mgkimsal 4y ago
We'd need to define 'paycheck to paycheck' more precisely, but... I'm aware of multiple families in my area that used to have something left over in each check, that went in to beefing up some savings. Fuel, food and rent increases over the last 6-12 months have meant there's nothing leftover any more, and they'll need to start cutting back in some areas more aggressively. They were a bit 'close to the edge' anyway (imo), but with a couple kids, it's not hard to do.