• redfellow@sopuli.xyz
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    11 months ago

    If you make 5k and spend 4k a month, while having 5k savings, that’s not pay check to pay check. Close though, but what the term implies is 0 surplus, all that you make goes before next pay.

    • treefrog@lemm.ee
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      11 months ago

      I forgot part of the equation.

      Median savings 4k. Median debt is around 50k. Median monthly income 5k.

      Most people are actually worse than pay check to pay check.