Originally published at: Over Half of Six-Figure Earners Live Paycheck to Paycheck | Infostormer.com
More than half of people who make six-figures are apparently living paycheck to paycheck.
BREAKING: More than 50% of all six-figure earners have said they are living paycheck to paycheck, an all-time high, per CNBC.
— unusual_whales (@unusual_whales) February 6, 2023
I’d like to know what these people are spending their money on. I get that there’s inflation and all sorts of bad economic shit going on, but if you are making over six figures, you really shouldn’t be in this position.
This is mostly bad financial planning by these people that has been exacerbated by the poor economic situation. They’re spending money on homes, cars, vacations and other things they can’t afford because they want to impress other people.
If you are spending money on things to impress others, you are basically a dumbass. There’s nothing wrong with buying a nice car or a nice home if you can afford it and are doing it for yourself or your family. But buying things primarily because you care about what strangers think of you is retarded. It is also a feminine way of thinking.
This type of excess and decadence is rapidly coming to an end. The crashing economy is going to force many of these people to change their behavior.