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In reply to the discussion: 76% of Americans Are Living Paycheck-To-Paycheck [View all]Arugula Latte
(50,566 posts)158. "It's disappointing"
Oh, well, I'm sure all those people making $9 bucks an hour would have put away oodles of money if they'd known that by frittering it all away on luxuries and exotic vacations and expensive restaurant meals they were going to disappoint Greg McBride! If only they'd known that saving is important, I'm sure they would have done so, because surely there's no other factor impacting their decision to save or not save!
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Well with no paycheck for the last 11 years, I think I could make do with paycheck to paycheck.
tech3149
Jun 2013
#114
Not just food, either. Every consumer good has to be transported. The future doesn't look good. nt
silvershadow
Jun 2013
#13
Bankers, on the other hand, are getting about $80 billion taxpayer dollars every month , because
jtuck004
Jun 2013
#3
If that's true, then we can just re-direct that $80b to the people, who will then be a lot more
silvershadow
Jun 2013
#111
"Simple, right?"; < this. One would think, given our history, and the fact that we have done so much
jtuck004
Jun 2013
#118
And then there are those who wish they had a paycheck to live week to week on. n/t
totodeinhere
Jun 2013
#5
When I see how long the line is in Starbucks, I wonder about reports like this.
Nye Bevan
Jun 2013
#17
"If you buy one $4 latte each day, that coffee habit will set you back $28 a week...."
Nye Bevan
Jun 2013
#27
Wow, CNN Money just noticed what my life has been for exactly 50 years. Where have they been?
freshwest
Jun 2013
#23
What's aggravating is when they report it to the rich as good news that people are underpaid....
Spitfire of ATJ
Jun 2013
#42
The media of all kinds, knows who pays them. 'The master picks the tune the fiddler plays.' Always.
freshwest
Jun 2013
#53
Thanks for that picture, it's worth a thousand words. Didn't realize they were on location.
freshwest
Jun 2013
#94
Wouldn't be so bad if they didn't have that slimy "used car salesman" look.
Spitfire of ATJ
Jun 2013
#96
I am constantly surprised at how few people seem to have saved anything at all.
SheilaT
Jun 2013
#26
"a larger percentage report an increase in job security, a higher net worth, etc."--
snot
Jun 2013
#28
I remember in the 70s when a major indicator on the news was how much people had in savings.
Spitfire of ATJ
Jun 2013
#35
You probably also remember that regular savings accounts paid decent interest
MindPilot
Jun 2013
#82
I got smacked really hard with the 'tech-bubble' and day trading. Survived but things are not
Purveyor
Jun 2013
#90
The problem is exacerbated by the Federal Reserve's zero interest rate policy.
roamer65
Jun 2013
#104
Mainstream corp. media hacks get marching orders from the top. Guess who is at the top...
Arugula Latte
Jun 2013
#159
so how are they going to pay for the PPACA deductibles/copays/max out of pocket? nt
antigop
Jun 2013
#133
when 1/2 of bankruptcies are due to health crises none of your belt tightening will do a bit of good
CreekDog
Jun 2013
#163
Agreed. The belt tightening should have started a long time ago to be effective.
marshall
Jun 2013
#164
No No No No, how does a familiy belt tighten themselves out of a medical bankruptcy?
CreekDog
Jun 2013
#165