[SoftTalker]

When I hear "living paycheck to paycheck" I think it means your recurring expenses (rent, utilities, food, etc.) consume all your income every month and you have nothing left to save. No savings. No investments. No 401K. If you don't get your next paycheck you can't pay the rent.

[bpt3]

That's what it's supposed to mean, but because so many people don't report it that way the resulting data is meaningless.

[jvanderbot]

What you think and what each individual reply to the survey indended are bound to be wildly different.

[spookie]

Sure. But it would be strange to assume _most_ think of it any other way.

[notJim]

I think your definition is completely reasonable, but it's not how people answer the question (again, based on reading the report, which has a lot more detail.)