Hacker News new | ask | show | jobs
by nec4b 700 days ago
>> "71.93% of Americans Living Paycheck to Paycheck Have $2,000 or Less in Savings"[0].

It's a meaningless statistic. They can still have high net worth and/or large incomes even if they don't keep cash on hand.

1 comments

Well it might please you then that about 50% of the respondents report low income as the cause for living paycheck by paycheck. Even more report high monthly bills as a cause.

Just read it, it's all in there.

People thinking their income is to low is not exactly news. I haven't personally met anyone who would ever claim their income is to high. Why do you think I haven't read it? Do you always agree with everything you read?
I believe you didn't read it because your argument is quite poor and doesn't mention some relevant points the article makes.

I may not always agree with everything I read, but at least I take the time to read it before openly disagreeing with it.

I'm sorry to disappoint you. I did read it and found it unconvincing to say the least.