Re:58% of Americans are living paycheck to paycheck – includ...
by Jcowell on Tuesday June 28, 2022 @12:20PM
(#31909683)
One thing to note is that there is no “one” American culture. What’s true in one place may not be the reality 50 miles where you but can be true 100 miles where you are.
Re:58% of Americans are living paycheck to paycheck – includ...
by iancmceachern on Tuesday June 28, 2022 @12:13PM
(#31909597)
And fights over inheritance often causes deep family rifts.
More or less, yeah. In America, you are expected to be your own person when you turn 18. That almost always means having a job and paying for a place to live, even if it means flipping burgers and renting a room at mom and dad's house.
Though, I've been reconsidering that expectation with all these articles over the past few years of parents helping their kids with down payments on their kid's houses. Now there's parent plus student loans.
Inheritance? Many older adults also live paycheck to paycheck and are drowning in debt, and might explain how eager some parents are to kick their kids out. In America, inheritance usually only happens when both parents die, but many kids won't see a penny of inheritance.