Current Events > One-third of Americans making $250,000 live paycheck-to-paycheck, survey finds

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Lebronwon
06/02/22 2:12:46 AM
#1:


https://twitter.com/wealth/status/1531992064296116226

https://twitter.com/wealth/status/1532036276404244480



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Not 1, not 2, not 3, not 4, not 5, not 6, not 7
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Questionmarktarius
06/02/22 2:14:54 AM
#2:


If you suck with money, more zeroes on the end just means more sucking.
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Living-Legendx8
06/02/22 2:18:39 AM
#3:


Questionmarktarius posted...
If you suck with money, more zeroes on the end just means more sucking.
Yup.

my grandfather was probably making around $250,000 annually throughout most of his career, but he had a bunch of debt and vices that led him to fucking up his finances.
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MrWingnut
06/02/22 2:20:46 AM
#4:


Way too many people live far beyond their means.
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Arcanine2009
06/02/22 2:23:37 AM
#5:


Considering the average home is like a million dollars in the most expensive cities in California like SJ and SF, I can see that 100k wouldn't be enough for mortgage. And then on top of that.. being in debt from borrowing for mortgage and school if you don't live with parents.. I can see that as an issue.

Some people really are terrible with money and don't know how to save shit though..

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ButteryMales
06/02/22 2:24:30 AM
#6:


They're the asshole landlords that say the rent only pays the mortgage.

You shouldn't be able to rent out a mortgaged property.
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gunplagirl
06/02/22 2:28:25 AM
#7:


MrWingnut posted...
Way too many people live far beyond their means.
This. I earn like, 1/8th that. That's such an obscene amount of money. If I earned that much one single time for a year, so many of my problems would be solved and I'd still have enough money to not have to worry about things for several years barring like, a cancer diagnosis.

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Arcanine2009
06/02/22 2:28:33 AM
#8:


ButteryMales posted...
They're the asshole landlords that say the rent only pays the mortgage.

You shouldn't be able to rent out a mortgaged property.
Lol what.

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LinkFanatic
06/02/22 2:30:01 AM
#9:


Me and my two roommates are easily on the poverty line, but with $600 a month in EBT and my roommate getting disability each month, we generally get by just fine. Especially now that my brother is working.

If we can make this work in a household of three, then anyone else should be able to do much better with a considerably higher amount of money imo

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"If men had to cut of their genitals to display faith to God this world would have turned Atheist eons ago." - Random user on the Politics board
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gunplagirl
06/02/22 2:30:07 AM
#10:


ButteryMales posted...
They're the asshole landlords that say the rent only pays the mortgage.

You shouldn't be able to rent out a mortgaged property.
Oh, I agree. At the very least, rent shouldn't be able to exceed more than half the mortgage payment.

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NeonOctopus
06/02/22 2:30:32 AM
#11:


Just cuz you're making 250k doesn't mean you should live like you're making 250k >_> I make 100k but I still try to live like I make 30k, cuz money can go quick if you're not careful

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http://i.imgur.com/nlaY1qH.jpg http://i.imgur.com/zHJ1OCo.gif
http://i.imgur.com/btBPP4E.jpg http://i.imgur.com/1B3bMHw.gif https://i.imgur.com/2aof3ao.jpg
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Rayman2943
06/02/22 2:31:21 AM
#12:


NeonOctopus posted...
Just cuz you're making 250k doesn't mean you should live like you're making 250k >_> I make 100k but I still try to live like I make 30k, cuz money can go quick if you're not careful
Damn i didn't know you were so successful

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gunplagirl
06/02/22 2:35:26 AM
#13:


Rayman2943 posted...
Damn i didn't know you were so successful
He's bragged about it a lot lately lol. But yeah, he seems to be managing and saving which means some degree of budgeting would be necessary.

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AdrianBeterson
06/02/22 2:35:36 AM
#14:


How?

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https://imgur.com/EvtcK3P
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pfh1001
06/02/22 2:37:51 AM
#15:


MrWingnut posted...
Way too many people live far beyond their means.
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SamsungGearS2
06/02/22 3:14:34 AM
#16:


Im only debt free thanks to my parents probate, and ~80% of my post tax income is for me to do whatever I want with it

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BTH_Phoenix
06/02/22 9:57:56 AM
#17:


how the hell

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*whoosh*
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EricDraven59
06/02/22 9:59:59 AM
#18:


Lol paycheck to paycheck 250 grand.. get outta here with that crap. People who make less than 100 grand are the ones living paycheck to paycheck. Or people like me who are on social security disability
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MC_BatCommander
06/02/22 10:05:38 AM
#19:


Turns out making six figures doesn't stop you from being bad with money.

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Scintillant
06/02/22 10:08:06 AM
#20:


Generally when people say they're living paycheck to paycheck with 250k, that's after the vacations, investments, etc (things people who actually live paycheck to paycheck don't always have the luxury of budgeting for). So no, they're not really living paycheck to paycheck

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Sariana21
06/02/22 10:09:36 AM
#21:


gunplagirl posted...
Oh, I agree. At the very least, rent shouldn't be able to exceed more than half the mortgage payment.
What? Why?

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Unsuprised_Pika
06/02/22 10:15:14 AM
#22:


https://gamefaqs.gamespot.com/a/user_image/4/7/7/AAfNgnAADMtN.jpg
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GMAK2442
06/02/22 10:16:03 AM
#23:


Pay check to pay check!
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Squall28
06/02/22 10:21:59 AM
#24:


Life style creep is real. These people just start living more lavishly once they get paid more.

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You can't go back and change the beginning, but you can start where you are and change the ending.
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Suolevram
06/02/22 10:33:22 AM
#25:


gunplagirl posted...
Oh, I agree. At the very least, rent shouldn't be able to exceed more than half the mortgage payment.
This is wild.

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fay ce que vouldras
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Questionmarktarius
06/02/22 10:48:41 AM
#26:


$250k isn't exactly the "leveraged landlord" income level anyway, out side of buying both halves of a duplex or something.
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