[bean469]

> 76% of Americans do not live paycheck to paycheck. That is a self reported stat and not reliable.

Do you have any sources for this? The reason why I personally don't believe your claim is because every single US citizen I know lives paycheck-to-paycheck, quite literally

[alex43578]

Per the Federal Reserve, the average 35 to 44 year old has over $141,000 in retirement savings. That’s just incompatible with the idea that everyone is living paycheck to paycheck in the full sense of the phrase. Every dollar is not being spent: plenty is being saved for retirement, spent on unnecessary things, etc.

Are most of these people allocating every dollar that comes in each month to bills, living expenses, and savings? Sure, but that doesn’t mean they have no money left in the paycheck.