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Money and Finances
Reply to "Over half of Millennials earning 250K or more a year lives paycheck to paycheck"
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[quote=Anonymous]Yeah, but are they broke? No. When I hear paycheck-to-paycheck, I assume broke. I married into money and one of the most surprising things I learned is that the wealthy have very little money in their bank accounts. Their money is all tied up and working to make them more money. Me? I was chugging along, watching my bank account rise each month, totally pleased with myself. I had no idea I was being so ignorant with my money. I grew up with actual paycheck-to-paycheck parents where sometimes a paycheck for that month was shorter, so you didn't have power or water for a few days. Or one parent getting laid off in a bad economy meant that you got evicted to live in your car for a few weeks. [/quote]
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