"Paycheck-to-paycheck" and five other popular myths

Re:"Paycheck-to-paycheck" and five other popular myths by readthenotes1 on Sunday December 08, 2024 @12:24PM (#42358434)

I would expect more than 90% of the people to spend most of what they make every month and require another paycheck to continue going.

After all, if you don't have to do that, then you might as well retire, right?

So 40% of people can skip a few paychecks and not dip into a rainy day fund, somehow, that seems pretty doggone good

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Re:"Paycheck-to-paycheck" and five other popular myths by chrisjshull on Sunday December 08, 2024 @02:00PM (#42359367)

I think there is a huge difference between “can miss a few paychecks” and “can retire” (aka “never need a paycheck again”).

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