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A comment on 58% of Americans are living paycheck to paycheck – including 30% earning $250k. Parent comment

Re:58% of Americans are living paycheck to paycheck – includ... by doggwalker on Tuesday June 28, 2022 @07:20AM (#31906337)
A large percentage of people will spend everything they earn and then also spend every cent of their credit worthiness no matter the size of their cash flow.

I remember watching a show on the actor Nicolas Cage going bankrupt. He bought like 15 motorcycles and a $300k dinosaur bone.

I am sure some of these people are in unfortunate debt situations but a whole lot of them are on the Nicolas Cage version of financial planning for the future.

[ Parent | on HN ]
Re:58% of Americans are living paycheck to paycheck – includ... by bionsystem on Tuesday June 28, 2022 @08:51AM (#31907007)
How did Cage go bankrupt with 15 motorcycles and a $300k dinosaur bone ? To me it sounds like what could be his pocket change...
[ Parent | on HN ]