Even as inflation continues to cool into the second half of 2024, many Americans say they’re still struggling to make ends meet.

Roughly one-third of U.S. workers say they’re living paycheck to paycheck and have nearly no money for savings after paying their monthly bills, according to a survey from personal finance website Bankrate.

6 points

I’ve been living my whole life pay check to pay check despite being highly qualified in multiple fields, no fucking shit CBS.

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10 points

I’ve been living paycheck to paycheck for twenty years now.

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8 points

There’s another way?

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5 points

I’m just happy I got out of the payday loan to pay off payday loans trap two years ago.

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16 points

Because I’ve always lived paycheck to paycheck. Even my parents did when I was a kid. My rent is 70% of my paycheck. What else ya want me to fucking do?

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3 points

They are going after people up the income ladder tbh.

Post 2008, we prolly already had half the population at break even point. Now it got tonbe pushing 60-70%.

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3 points

Just earn more money. (/s)

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20 points
*

Inflation can cool down all it wants, it’s reported year on year so prices are still much higher than 5 years ago while wages haven’t increased, deflation or huge wage increases would be necessary to make it so people would have their purchasing power back.

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3 points

Wages are outpacing inflation, there’s just a lot of catching up to do.

https://www.epi.org/blog/average-wages-have-surpassed-inflation-for-12-straight-months/

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7 points

% change is a pretty wild metric. It becomes unwieldy at longer time spans, and does a pretty poor job at comparisons.

Can we get like wages vs cost of living, or rent/mortgage as a percentage of income?

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-1 points

What I linked was wage growth vs inflation, especially among generally lower paid workers (hourly).

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2 points

No because that wouldn’t make things look good

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3 points

I thought inflation wasn’t that bad to begin with. Isn’t that what they told us? Sigh…

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