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Money and Finances
Reply to "Do you live paycheck to paycheck?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We don't live paycheck to paycheck by any means, but we had a big expense earlier this year (HVAC system replacement) that we hadn't planned on and our savings took a good dip to replace that. We can weather the shutdown but it will hurt to have savings drop further if it lasts a long time. [/quote] Don't people save regularly for big foreseeable purchases such as a new roof, new furnace, new water heater, in addition to their regular emergency fund? Or is that why so many lower income people think they can afford a Disney vacation?[/quote] well, well-off people can do this. Do you know how many people put ZERO in savings of any kind just because they are trying to keep their families fed and housed? Ideally, yes, people should be saving for such things, but it isn't reality for a LARGE portion of our population. Even in our area.[/quote]
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