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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][quote=Anonymous]The incomes listed here are astounding. It is impossible for me to believe that you all do not have an emergency fund and are living paycheck to paycheck. I guess, I should be astounded by the lack of financial understanding and education. [/quote] Are you not reading how everyone is maxing out their 401k, HSA, 529, iRA…? Sounds like they have pretty good financial acumen to me. I think their use of “paycheck to paycheck” is not the traditional use. [/quote] NP- It's the wrong use. If you can easily transfer money to cover expenses then you are not paycheck to paycheck. [/quote]
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