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How Many Americans Really Live Paycheck to Paycheck?
(jacobin.com)
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this post was submitted on 19 Mar 2025
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Work Reform
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My family is comfortable, in a house with a mortgage and cars that run and a bit in the bank. We are not "paycheck to paycheck" in that a missed check will doom us. But loss of income for any longer than a month or two would be disaster. I think that's what this statistic also includes.
So basically, Americans don't have a safety buffer. In a country where your government doesn't really give you any social security, I would advice against it.