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Money and Finances
Reply to "Goldman Sachs: 40% of $400-500K and $500K+ households “live paycheck to paycheck”"
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[quote=Anonymous][quote=Anonymous]We have a 7 figure HHI and still rely on our jobs to pay the bills—is that what it means to live paycheck to paycheck?[/quote] No. In reality, living paycheck to paycheck would mean no savings, retirement, etc. People who truly live paycheck to paycheck often resort to payday lenders or get overdraft fees for insufficient funds because their wage doesn't allow them to make it through the week.[/quote]
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