Living Pay Check 2 Pay Check?

Question

Did anyone else read this article on yahoo news yet?

http://news.yahoo.com/s/ap/20071019/ap_on_bi_ge/stretching_paychecks

Its about living pay check to pay check and the economy. What are your takes on it? Do you find it harder to live check to check with gas prices and etc.?

Personally, I did notice a change and I make a pretty decent salary. Sometimes it doesn't seem like it stretches the way it used to, but luckily I balance myself and never have to worry.

Answer 1

For the most part, I've always lived pay check to pay check. It is getting harder, i went to the grocery store and got a little bit of items and it came to almost $80. I gagged. Had to do it though, its the nature of the beast and if I want my family to eat and be healthy then that is what I have to do. Least I know its just not us, and that this is a nationwide issue.

Answer 2

Unfortunately, it is a reality that most people do live paycheck to paycheck and it's not beyond the realm of possible that most people are only one or two paychecks away from being homeless and living on the streets.

People live with much more credit card debt these days and not for the unnecessary luxury things, they advance against it to buy the things they need with money they don't have, in hopes that they can "catch up" later.

It is a sad state of affairs when realistically with all the money governments divert to useless matters that people are sick without proper medical care, families live just at the poverty line and people are drowning in debt with no relief in sight.

Answer 3

My partner and I are living paycheck to paycheck here in Australia. I can't believe that on a reasonable annual salary between us and with a pretty frugal lifestyle and tiny mortgage we are still short before pay day! This would never have happened a couple of years ago when we were only on one income! We even had a spell on the dole and it didn't feel this tight!
Every time I go in the supermarket it costs twice as much as I anticipated, fuel is mad and going to work seems to cost more sometimes than staying sat home on my a**e!
Anyway, moan over!
Inflation has taken over wages and low to middle income earners pay the price I guess. We need bigger tax breaks (I pay 30% on two-thirds of my wages) and a heck of a lot more incentive to work!

Answer 4

I believe it's the first signs of the start of a serious recession. I further believe that shortly after Bush leaves office this country will experience the worst economic depression in its history.
The Bush administration's reckless, runaway 'war' spending has put American taxpayers TRILLIONS of dollars in debt, which will take decades - probably even generations - to repay. The Bush administration's pro-corporate stance has allowed large companies to maximize their profits at the expense of middle and lower-class consumers whose income can't sufficiently cover higher prices for food, gasoline, home heat, and other necessities. We're in a serious situation here, all because of an administration that had no concern at all for the poor, sick, elderly, underprivileged, disadvantaged, hungry, unemployed, under-educated and homeless in our society. All Bush was concerned about was 'getting even' with Hussein, stealing Iraq's oil, and making his wealthy elitist and industrial friends wealthier. -RKO- 10/22/07

Answer 5

The economy is bad i work retail and people are only buying the necessities and they say there will be less for Christmas shopping and more on food and gas and what they really need

Answer 6

Did anyone else read this article on yahoo news yet?

no i don't .. but the life like this

Answer 7

I've always lived paychk to paychk and it's not easy. It was easier when I didn't have a child. I have learned to cope and how to manage my payments. Any extra goes to an extra bill that doesn't have a specific due date