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I find it hard to believe that a majority of respondents could survive between 1 and 5 years. CNN has an article about how 76% of Americans live paycheck to pay
by darkstar999 12y ago
I find it hard to believe that a majority of respondents could survive between 1 and 5 years. CNN has an article about how 76% of Americans live paycheck to paycheck. Is HN over-repesented in the 24%? (even that remaining 24% might have only two paychecks saved up, so it's still not even close)
http://money.cnn.com/2013/06/24/pf/emergency-savings/ http://money.cnn.com/2013/06/24/pf/emergency-savings/
- lotharbot 12y ago> " Is HN over-repesented in the 24%?" Very likely. Or at least, people on HN who answered this poll. HN is not a cross-section of American society; HN is a cross-section of hackers, coders, developers, intellectuals, and people with serious curiosity. HN polls also show a median salary approaching 6 figures, which is not normal for the US as a whole. I would not expect HN finances to look like average US finances. We certainly have people here living paycheck to paycheck, and even some homeless, but HN is not usually a favorite site among those demographics.
- grecy 12y agoKeep in mind it's also not only people from the US responding.