40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’ - eviltoast

“There’s this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.

  • aidan@lemmy.world
    link
    fedilink
    arrow-up
    7
    arrow-down
    2
    ·
    8 months ago

    You can have very high income and still live paycheck to paycheck if you spend every paycheck

    • BradleyUffner@lemmy.world
      link
      fedilink
      English
      arrow-up
      2
      arrow-down
      2
      ·
      8 months ago

      living paycheck to paycheck” generally means that all money is spent on living expenses and there is very little, if anything, left over. If you have any appreciable discretionary income, you are not living paycheck to paycheck.

        • BradleyUffner@lemmy.world
          link
          fedilink
          English
          arrow-up
          1
          ·
          edit-2
          8 months ago

          I’m not concerned about what those people say; they are doing just fine. I’m concerned about the people who are actually living paycheck to paycheck.