'An economic divide that is widening': Almost one third of Americans earning $150,000 a year or more say they're living paycheck to paycheck and many rely on credit cards to close the gap

return2ozma@lemmy.world · 11 months ago

'An economic divide that is widening': Almost one third of Americans earning $150,000 a year or more say they're living paycheck to paycheck and many rely on credit cards to close the gap

Zorque@kbin.social · 11 months ago

Many probably live in higher cost of living areas.

And it’s entirely possible/likely if they move to a lower cost of living area they will suddenly not make anywhere near as much and still live paycheck to paycheck.