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These sources are garbage. This paycheck to paycheck thing is just nonsense. This is just a gish gallop.
by renewiltord 2y ago
These sources are garbage. This paycheck to paycheck thing is just nonsense. This is just a gish gallop.
- toomuchtodo 2y agoI am open to other sources of these metrics, please feel free to provide them.
- renewiltord 2y agoHere's one: 3 months emergency savings is the median position https://www.federalreserve.gov/consumerscommunities/sheddataviz/emergency-savings.html https://www.federalreserve.gov/consumerscommunities/sheddata... There's a good summary on Matt Yglesias's blog of Matt Darling (economist at Niskanen Center and Twitter debunker of this paycheck to paycheck myth) on the subject: https://www.slowboring.com/i/149683266/the-median-financial-health-of-the-american-household https://www.slowboring.com/i/149683266/the-median-financial-...
- toomuchtodo 2y agoThank you! I will reference these in the future on this topic.