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Reply to "Half of six-figure earners live paycheck to paycheck "
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[quote=Anonymous]This was, sadly, my SIL and her STBX’s situation. They made $150k but with two young children in daycare, a mortgage on a townhouse due to reset to a higher rate, and old cars, they actually were borrowing from credit cards to pay for necessities since their paychecks immediately left their accounts within days of deposit. They ended up in bankruptcy with $200k in debt and still living paycheck to paycheck afterwards. [/quote]
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