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Reply to "40% of people making 500K/year are living paycheck to paycheck"
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[quote=Anonymous]In the $100k to $300k it feels like paycheck to paycheck because they are putting lots in savings so it’s not really available for daily use. There is still real budgeting going on. This is the range where they know not to depend on social security, don’t expect to get lots in aide for college, healthcare cost share is higher, and taxes are higher. So while yes they can afford some nicer things they are still budgeting, still conscious of the higher price of goods, and yet being looked at as if they are really rich.[/quote]
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