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Had to get back in on this. It is all connected so it is what we are talking about. If you're living paycheck to paycheck on $100k, you are living outside of your means. How can you possibly deny that? There are plenty of people that get by on half that. Maybe you shouldn't have a $500k home and Tesla.
Whatev. Who ever denied that lots live outside their means? Not what we're talking about. .
@Mark,Again with the blanket statements JoJo. I think that you're making a lot of presumptions that may not be so. Just as not everyone lives an unattainable lifestyle so to do they not have perfectly manicured finances. Do you know what full time nursing home care costs? Have you seen the cost for some everyday medications lately? Do you have any idea what an apartment/home, even modest ones, in Seattle, San Francisco, or New York run? I have no idea what any of these people's budgets are like but I'm willing to bet that most are not as irresponsible as you seem to be making them out to be.
That's just poor budgeting then... Even at $70k, one should not have to live paycheck to paycheck unless he/she 1) has way too much debt (maybe should've bought a more modest house and pay full balances on credit cards) and/or 2) living well outside his/her means.jeez louise, an awful lot of thrifty, frugal, prudent, MFO-approved saver types make $70k, or even $85k, and live paycheck to paycheck, and barely so
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