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/biz/ - Business & Finance

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4169592 No.4169592 [Reply] [Original]

>78% of americans live paycheck to paycheck

what the literal fuck

>> No.4169600

dude if only you knew how bad it was. half of americans have less than $1000 in their savings.

>> No.4169609

the average blows blows their whole paycheck on alcohol burgers and the as seen on tv store

>> No.4169620

>>4169592
have any other countries to compare this statistic to?

>> No.4169628

I think the average American net worth is something like 3k.

>> No.4169647
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4169647

>>4169600

>> No.4169659

>>4169592
They say this because they have little savings which makes it true that if they missed a paycheck it would be a financial burden. The rest of the world isn’t much different. There is a lack of near money, most americans have their money wrapped up in investment vehicles (or actual vehicles) 401ks and all that shit. Plus we abuse credit. Probably the biggest reason right there

>> No.4169716

>>4169659
thats a good point.

>> No.4169807

>>4169592
be this guy >>4169234

>> No.4169838

>>4169628
That's not correct at all.

>> No.4169861

>>4169838
You're right, but by age group <35 basically is. Most is just in the home they "own" which most people don't even fucking own because they still owe the kikes.

>> No.4169862

>>4169609
There is nothing wrong with a double stack from wendys

>> No.4169871

>>4169838
>>4169861
Forgot link:

https://www.fool.com/investing/general/2015/05/17/americans-average-net-worth-by-age-how-do-you-comp.aspx

>> No.4169894

most Boomers always spend all they earned because they felt safe in the knowledge of getting a pension

Thats why the economy was so good in their day

>> No.4170199

I'm 49 and have 720K in my roth ira

>> No.4170204

>paycheck comes
>buy the newest smartphone the ads told you to buy
>buy those new shoes some nigger on tv was rapping about
>good chunk goes into paying off loans you took for that new car you bought to replace the one you bought a year ago
>go out and get drunk, pay $150
>wake up the morning after and realize you can barely make it to the end of the month

While pays are low, that's not the reason there people live paycheck to paycheck.

>> No.4170212

>>4169592
>America is a society of debt slaves

What a fucking breaking news.

>> No.4170236

80% of people are stupid

>> No.4170269

>>4170204
You're not correct. It goes that way :

>paycheck comes
>use everything to pay some running debt on credit cards
>buy the newest smartphone the ads told you to buy with more credit card debt
>go out and get drunk with more credit card debt
>wake up in the morning realizing that your overall outstanding debt increased again this month

>> No.4170300

>>4169592
Unsurprising. Go to any supermarket on payday and notice how much busier it is because some people have to wait to get paid in order to feed themselves.

>> No.4171046

>>4169609
>alcohol burgers
top kek

>> No.4171229

I was reading some twitter comment chain and it suddenly dawned on me that the normal person just doesn't save money.

They were taking about going out right after getting a paycheck. Then dealing with eating PBJ until the next paycheck in 2 weeks.

Like how much are they spending in one night? Life must suck to work 40 hours a week for just one fun night every fortnight.