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The definition of "living paycheck to paycheck" is "couldn't meet their financial obligations if they lost their job". This is nothing at all like "can barely a
by NovemberWhiskey 4y ago
The definition of "living paycheck to paycheck" is "couldn't meet their financial obligations if they lost their job". This is nothing at all like "can barely afford to put food on the table".
- ceejayoz 4y agoNot quite; it's "immediately couldn't meet their financial obligations", i.e. no significant savings. Again, that means every penny they earn is going back out into the economy.
- NovemberWhiskey 4y agoThis is the same survey that says that 36% of consumers making over $200,000 also live paycheck-to-paycheck, right?