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>That is not living paycheck to paycheck by any reasonable definition Well then now we know that the media will happily use unreasonable definitions to bolster
by Workaccount2 2y ago
>That is not living paycheck to paycheck by any reasonable definition
Well then now we know that the media will happily use unreasonable definitions to bolster stats for click bait stories and headlines.
People assume paycheck to paycheck means "Spending each paycheck entirely on absolute necessities to live" but the survey definition is "Do you save any money from your take home pay every pay period".
This is how you get people at every income level reporting they live paycheck to paycheck.
- Kirby64 2y agoI think you really underestimate how much people spend on stuff that is a non-necessity. People at every income level fall prey to the “if I’ve got extra money in my account, guess that means I can spend it”. There are, 100%, people living paycheck to paycheck that make 200k because they’ve made some terrible life choices and have outrageous debt to service, essentially.