Make $250K and Live Paycheck to Paycheck?

Some 36% of households taking in nearly four times the median US salary devote nearly all of their income to household expenses, according to a survey by industry publication Pymnts.com and LendingClub Corp.

One-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey Finds — https://www.bloomberg.com/news/articles/2022-06-01/a-third-of-americans-making-250-000-say-costs-eat-entire-salary

A billion dollars isn’t what it used to be. Nelson Bunker Hunt

https://www.brainyquote.com/quotes/nelson_bunker_hunt_176038

2 thoughts on “Make $250K and Live Paycheck to Paycheck?

  1. Does it all depend on where you live? I know I have friends who live in San Francisco. And it is crazy expensive. But here in Pensacola one can easily live on $40,000 a year.

    • The short answer is yes. Where you live and the cost of living in that area is probably the biggest variable. Real estate wealth is nice but also comes with much higher expenses in terms of upkeep, maintenance, insurance, and taxes.

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