Comments on: Living Paycheck to Paycheck http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/ Tips for living frugal while still having a life Fri, 20 Nov 2009 21:33:01 -0600 http://wordpress.org/?v=2.8.5 hourly 1 By: Wealth, Greed, Envy and Shame | Frugal Dad http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/comment-page-1/#comment-32666 Wealth, Greed, Envy and Shame | Frugal Dad Mon, 12 Oct 2009 10:01:52 +0000 http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/#comment-32666 [...] work hard all their lives, but never get that break that separates those living paycheck to paycheck from those with a seven-figure nest egg. Some acquire wealth through inheritance, through lottery [...] [...] work hard all their lives, but never get that break that separates those living paycheck to paycheck from those with a seven-figure nest egg. Some acquire wealth through inheritance, through lottery [...]

]]> By: The Two Income Trap By Elizabeth Warren and Amelia Warren Tyagi — P2P No Bank http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/comment-page-1/#comment-23445 The Two Income Trap By Elizabeth Warren and Amelia Warren Tyagi — P2P No Bank Sat, 25 Apr 2009 11:38:56 +0000 http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/#comment-23445 [...] Half of Us Are Living Paycheck to Paycheck   Photo courtey of Doublep1 The results of an interesting survey recently conducted by CareerBuilder.com indicate nearly half of American workers are living paycheck to paycheck.  Combine this with the news in recent years that we actually had a negative savings rate for the first time since the Great Depression...... [...] [...] Half of Us Are Living Paycheck to Paycheck   Photo courtey of Doublep1 The results of an interesting survey recently conducted by CareerBuilder.com indicate nearly half of American workers are living paycheck to paycheck.  Combine this with the news in recent years that we actually had a negative savings rate for the first time since the Great Depression…… [...]

]]> By: Jen http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/comment-page-1/#comment-16785 Jen Tue, 27 Jan 2009 05:26:46 +0000 http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/#comment-16785 “21% of those earning over $100,000 also live paycheck to paycheck” Considering I work 40 hours a week and only make $10K a year with a trade license, that f---ing makes me sick. Perhaps they should cut down on their lifestyles a smidge. I can pay my bills, albeit with help from my family, but if I made 12K a year I'd be paying all my own stuff and living more than comfortably. If I can do it at 12K there's no reason in hell someone can't do it at over 100K. Gross. “21% of those earning over $100,000 also live paycheck to paycheck”

Considering I work 40 hours a week and only make $10K a year with a trade license, that f—ing makes me sick. Perhaps they should cut down on their lifestyles a smidge. I can pay my bills, albeit with help from my family, but if I made 12K a year I’d be paying all my own stuff and living more than comfortably. If I can do it at 12K there’s no reason in hell someone can’t do it at over 100K. Gross.

]]> By: Lynne http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/comment-page-1/#comment-8385 Lynne Sun, 05 Oct 2008 16:39:50 +0000 http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/#comment-8385 I live paycheck to paycheck, making a goo0d salary, because of the failure of my marriage. My children are grown, but have been financially irresponsible, due in part to my lack of leading by example. My parents were very closed-mouth about finances; I learned nothing from them, and have passed my lack of knowledge to my children. I do feel great responsibility for their lack of financial knowlege as well as mine. But who do we as a people rely on to teach financial responsibility and methods of prosperity? I live paycheck to paycheck, making a goo0d salary, because of the failure of my marriage. My children are grown, but have been financially irresponsible, due in part to my lack of leading by example. My parents were very closed-mouth about finances; I learned nothing from them, and have passed my lack of knowledge to my children. I do feel great responsibility for their lack of financial knowlege as well as mine. But who do we as a people rely on to teach financial responsibility and methods of prosperity?

]]> By: Monroe on a Budget » Money blog roundup week of Sept. 29 http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/comment-page-1/#comment-8315 Monroe on a Budget » Money blog roundup week of Sept. 29 Sun, 05 Oct 2008 00:48:34 +0000 http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/#comment-8315 [...] Dad presents Half of us are living paycheck to paycheck: “I can sum it up by the example of checking your balance the day before payday and breathing [...] [...] Dad presents Half of us are living paycheck to paycheck: “I can sum it up by the example of checking your balance the day before payday and breathing [...]

]]> By: James Lehan http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/comment-page-1/#comment-8114 James Lehan Fri, 03 Oct 2008 07:28:05 +0000 http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/#comment-8114 Well, living in the south and what used to be a manufacturing sector I can say fully that with this area when those higher paying jobs were cut out around 2001 and were replaced with fast food jobs and other retail jobs and many of these people lost nearly everything. Nearly everyone is under employed making sometimes 1/10 of their former salary. This state went the cheap route and turned down NAFTA job loss assistance. A neighboring state did the opposite and retrained their workforce. This area looks almost like the Great Depression warmed over now. Cars being replaced with bicycles and moped type scooters. Homes abandoned. In Western NC where I lived for a short time their manufacturing jobs were turned out. Not only did the lowly hourly employees suddenly become unemployed but, all the way up the scale from managers to ajoining businesses. So they have unpaid homes etc with the closest place to work being 80 miles one way. Their employment security had three listings for jobs. 1. Waiter 2.25 tips 2. Horse Breaker 7.50 hr 3.Janitor for the court 5.50 hr. I met one lady that worked four jobs. She literally worked 22 hours per day. She claimed that she slept Saturdays only and had done this for 3 years. 8am-2pm fry cook, 2:30pm-3am worked at a gas station. 3:30am-7am a waitress, 7am-7:30am she went home and got cleaned up for work. Had a weekend job on Sundays cleaning a church. She used to be a supervisor making 60k . I do however understand about overburdening one's income though and that does happen way too much. Well, living in the south and what used to be a manufacturing sector I can say fully that with this area when those higher paying jobs were cut out around 2001 and were replaced with fast food jobs and other retail jobs and many of these people lost nearly everything. Nearly everyone is under employed making sometimes 1/10 of their former salary.

This state went the cheap route and turned down NAFTA job loss assistance. A neighboring state did the opposite and retrained their workforce. This area looks almost like the Great Depression warmed over now. Cars being replaced with bicycles and moped type scooters. Homes abandoned.

In Western NC where I lived for a short time their manufacturing jobs were turned out. Not only did the lowly hourly employees suddenly become unemployed but, all the way up the scale from managers to ajoining businesses.

So they have unpaid homes etc with the closest place to work being 80 miles one way. Their employment security had three listings for jobs. 1. Waiter 2.25 tips 2. Horse Breaker 7.50 hr 3.Janitor for the court 5.50 hr.

I met one lady that worked four jobs. She literally worked 22 hours per day. She claimed that she slept Saturdays only and had done this for 3 years. 8am-2pm fry cook, 2:30pm-3am worked at a gas station. 3:30am-7am a waitress, 7am-7:30am she went home and got cleaned up for work. Had a weekend job on Sundays cleaning a church. She used to be a supervisor making 60k .

I do however understand about overburdening one’s income though and that does happen way too much.

]]> By: Mr. Phil Games - Download Games http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/comment-page-1/#comment-7862 Mr. Phil Games - Download Games Tue, 30 Sep 2008 23:15:47 +0000 http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/#comment-7862 People might actually have a good reason to spend all of their pay check: inflation. Inflation has grown to rampant levels in the recent years. Trying to find an investment that keeps up with inflation, much less returns a profit is next to impossible. People might actually have a good reason to spend all of their pay check: inflation. Inflation has grown to rampant levels in the recent years. Trying to find an investment that keeps up with inflation, much less returns a profit is next to impossible.

]]> By: Francois Viljoen http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/comment-page-1/#comment-7765 Francois Viljoen Mon, 29 Sep 2008 20:07:03 +0000 http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/#comment-7765 This is really shocking statistics. I've heard it over and over again - I can't save because of [fill in the blank]. However, 99% of the time the [fill in the blank] is not a <i>"I can't"</i>, it's an <i>"I don't want to"</i>. This is really shocking statistics.

I’ve heard it over and over again – I can’t save because of [fill in the blank].

However, 99% of the time the [fill in the blank] is not a “I can’t”, it’s an “I don’t want to”.

]]> By: Carnival of Personal Finance #172 - Meltdown Edition http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/comment-page-1/#comment-7716 Carnival of Personal Finance #172 - Meltdown Edition Mon, 29 Sep 2008 09:46:33 +0000 http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/#comment-7716 [...] Dad looks at a recent study showing that half of American workers live paycheck to paycheck. I know at least half my friends [...] [...] Dad looks at a recent study showing that half of American workers live paycheck to paycheck. I know at least half my friends [...]

]]> By: Toys R Us Coupons and Age Discrimination http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/comment-page-1/#comment-6750 Toys R Us Coupons and Age Discrimination Mon, 15 Sep 2008 00:38:22 +0000 http://frugaldad.com/2008/09/09/half-of-us-are-living-paycheck-to-paycheck/#comment-6750 [...] Dad points out that half of us are living paycheck to paycheck and urges us to start [...] [...] Dad points out that half of us are living paycheck to paycheck and urges us to start [...]

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