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Economy, Personal Finance

“Nearly 1 in 3 American workers run out of money before payday—even those earning over $100,000”

“…For about a third of Americans, this is a regular financial stress, with 32% running out of money before their next paycheck hits, according to a new survey fielded by Salary Finance of over 2,700 U.S. adults working at companies with over 500 employees.

Amy,* 36, is intimately familiar with running short on cash and using these workarounds, especially during tax season. That’s in spite of the fact that she and her husband make about $50,000 a year, just short of the average household income in the U.S…”

https://www.cnbc.com/2020/02/11/32-percent-of-workers-run-out-of-cash-before-payday.html

If I remember correctly the threshold for middle class is 77K. If you make over this amount there’s no excuse to ever be short on cash. You’re not good and handling finances. If the cost of living in your area is to high you need to move. If you make 100k a year and you spend more than you make you’re still poor; Or even worse you think like a poor person.

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