59% of Americans are living paycheck to paycheck

[Moonglow]

Highest ever national and personal debt in the US-MAGA

Student loan debt and runaway credit card debt have been growing problems for decades. There is no magic wand, the personal debt problem is not going away anytime soon no matter who is President.

The same can be said about business cycles, no matter who is elected the economy will do what it wants.

 

[Moonglow]

And payday loan scams are thriving.

Overall, 59 percent of Americans live paycheck to paycheck, according to the survey of 1,000 U.S. adults by Charles Schwab.

However, the Millennial generation (people ages 23-38) was the most likely to struggle in between payday, at 62 percent, followed by Generation X (60 percent), Generation Z (55 percent) and Baby Boomers (53 percent).

The article makes it sound as if government is to blame.


The truth is simple. A huge number are paying off student loans or having massive debts in other areas. Instead of buying perfectly good items in places like the Salvation Army or Deseret Industries, they go to high-end stores to buy new.


How much of your paycheck is already taken up before you even receive it?


More of this @ On The Edge Of Disaster: 59 Percent Of Americans Are Living Paycheck To Paycheck

There was a black billionaire who gave 40 million dollars to a college so he paid off about 40 college kids, college debt. Why is it dumbass people cant seem to save some money and invest it in the stock market long term. At one time I was just out of the Air Force working at Home Depot in 1987 as a stock clerk making 7 dollars an hour but I invested all I could into the stock, and today am a multimillionaire. With my dividends I am getting 1/2 million a year now, and dont have to worry about paycheck to paycheck. Long term means when the stock goes down, I buy more, when the stock goes up I buy less, but over all I increase my shares so in 30 years you too can have a fortune. Of course if some bitch like Phocahontas Warren gets in, then all bets are off, because she wants to steal other peoples money.

Multi-millionaire on USMB.

 

[jasonnfree]

look at the cost of a college degree, when I went to college my GI Bill paid $1,800 a year, todays college education is over $30K a year.
a New car in the early 70's $3,500, today over $30K, a house in the early 70's $50K for a turn key nice home, today the same house over $250K, requiring work, depending on location. The purchasing power of the dollar used to get you something in return, now it buys a piece of candy. Middle class families assume massive amounts of debt to acquire the same items. My Social Security check covers very little of our true cost of living, why? We are slowly being taxed out of our home by uncontrolled property tax increases, why? Maybe it's time to do some research. I don't blame the wealthy just the f-ing politicians that squandered our future so they would be reelected. In short it's the travail of liberalism 101.

More like reaganism 101. Cut taxes on the rich, and decimated the unions that kept wages high.

 

[Toddsterpatriot]

look at the cost of a college degree, when I went to college my GI Bill paid $1,800 a year, todays college education is over $30K a year.
a New car in the early 70's $3,500, today over $30K, a house in the early 70's $50K for a turn key nice home, today the same house over $250K, requiring work, depending on location. The purchasing power of the dollar used to get you something in return, now it buys a piece of candy. Middle class families assume massive amounts of debt to acquire the same items. My Social Security check covers very little of our true cost of living, why? We are slowly being taxed out of our home by uncontrolled property tax increases, why? Maybe it's time to do some research. I don't blame the wealthy just the f-ing politicians that squandered our future so they would be reelected. In short it's the travail of liberalism 101.

More like reaganism 101. Cut taxes on the rich, and decimated the unions that kept wages high.

More like reaganism 101. Cut taxes on the rich

Cut taxes on everybody.

and decimated the unions that kept wages high.

Yup. Fuck the unions.

 

[Votto]

And payday loan scams are thriving.

Overall, 59 percent of Americans live paycheck to paycheck, according to the survey of 1,000 U.S. adults by Charles Schwab.

However, the Millennial generation (people ages 23-38) was the most likely to struggle in between payday, at 62 percent, followed by Generation X (60 percent), Generation Z (55 percent) and Baby Boomers (53 percent).

The article makes it sound as if government is to blame.


The truth is simple. A huge number are paying off student loans or having massive debts in other areas. Instead of buying perfectly good items in places like the Salvation Army or Deseret Industries, they go to high-end stores to buy new.


How much of your paycheck is already taken up before you even receive it?


More of this @ On The Edge Of Disaster: 59 Percent Of Americans Are Living Paycheck To Paycheck

It beats living in Venezuela living garbage can to garbage can

 

[Meathead]

And payday loan scams are thriving.

Overall, 59 percent of Americans live paycheck to paycheck, according to the survey of 1,000 U.S. adults by Charles Schwab.

However, the Millennial generation (people ages 23-38) was the most likely to struggle in between payday, at 62 percent, followed by Generation X (60 percent), Generation Z (55 percent) and Baby Boomers (53 percent).

The article makes it sound as if government is to blame.


The truth is simple. A huge number are paying off student loans or having massive debts in other areas. Instead of buying perfectly good items in places like the Salvation Army or Deseret Industries, they go to high-end stores to buy new.


How much of your paycheck is already taken up before you even receive it?


More of this @ On The Edge Of Disaster: 59 Percent Of Americans Are Living Paycheck To Paycheck

Much of American is paying mortgages and other investments leaving less disposable income. In that sense most of America is living paycheck-to-paycheck, just like everywhere else.

 

[Harry Dresden]

And payday loan scams are thriving.

Overall, 59 percent of Americans live paycheck to paycheck, according to the survey of 1,000 U.S. adults by Charles Schwab.

However, the Millennial generation (people ages 23-38) was the most likely to struggle in between payday, at 62 percent, followed by Generation X (60 percent), Generation Z (55 percent) and Baby Boomers (53 percent).

The article makes it sound as if government is to blame.


The truth is simple. A huge number are paying off student loans or having massive debts in other areas. Instead of buying perfectly good items in places like the Salvation Army or Deseret Industries, they go to high-end stores to buy new.


How much of your paycheck is already taken up before you even receive it?


More of this @ On The Edge Of Disaster: 59 Percent Of Americans Are Living Paycheck To Paycheck

There was a black billionaire who gave 40 million dollars to a college so he paid off about 40 college kids, college debt. Why is it dumbass people cant seem to save some money and invest it in the stock market long term. At one time I was just out of the Air Force working at Home Depot in 1987 as a stock clerk making 7 dollars an hour but I invested all I could into the stock, and today am a multimillionaire. With my dividends I am getting 1/2 million a year now, and dont have to worry about paycheck to paycheck. Long term means when the stock goes down, I buy more, when the stock goes up I buy less, but over all I increase my shares so in 30 years you too can have a fortune. Of course if some bitch like Phocahontas Warren gets in, then all bets are off, because she wants to steal other peoples money.

can i come and live with you?....i will do magic tricks and i can turn anyone you dont like into a toad...

 

[Harry Dresden]

And payday loan scams are thriving.

Overall, 59 percent of Americans live paycheck to paycheck, according to the survey of 1,000 U.S. adults by Charles Schwab.

However, the Millennial generation (people ages 23-38) was the most likely to struggle in between payday, at 62 percent, followed by Generation X (60 percent), Generation Z (55 percent) and Baby Boomers (53 percent).

The article makes it sound as if government is to blame.


The truth is simple. A huge number are paying off student loans or having massive debts in other areas. Instead of buying perfectly good items in places like the Salvation Army or Deseret Industries, they go to high-end stores to buy new.


How much of your paycheck is already taken up before you even receive it?


More of this @ On The Edge Of Disaster: 59 Percent Of Americans Are Living Paycheck To Paycheck

It beats living in Venezuela living garbage can to garbage can

most of those cans are empty.....