“The Biden Economy is Awesome and people just don’t understand FULL STOP.”
-Any given day on CNN or MSNBC.
This is a very bad thing when there’s a Republican President.
“Two Americas” becomes a theme for the talking heads.
Their plans proceeding as scheduled.
We’ve been doing that for years. I hear the term, “disposable income” and I can only laugh...
They’re obviously talking about government retirees and their bloated tax paid gold plated retirement packages, some of which are being paid 6k, 7k, 10k and more PER MONTH!
Way to go Joe, your plan is working just as designed...
Is a welfare check considered a paycheck?
How is this different than any time in the last several decades?
If you’re buying new clothes, new cars, alcohol, soda, carb snacks, an iPhone, tobacco, vapes and a satellite or cable TV service, you’re not poor, yet.
I’m aware of the concept that some of the fiercest anti-smokers are former smokers. I believe this to be true.
We, spouse and me, were one of the 60% who lived paycheck to paycheck. It was a constant keeping track of when we go paid next and what bills were getting paid and in what order. The thing that sucked about it was that we actually had a decent income in the six figure range.
Well that day came when we had enough and decided to make a change. That day was March 15, 2018. Fifty six long and exhausting months later, on the same income previous, all of our debt was paid, including our mortgage, total $136,000.00
Today, one year later we are putting 40% of my income and 15% of spouse’s income into our 401Ks, we have 10 months expenses in an emergency HISA and opened a taxable brokerage account where we will put (for now) $200/month. Our savings rate for 2023 is about 50% of our income.
One year of no debt, literally none, today we both work for basically two reasons, the first is to build up our nestegg the second is to put off collecting social security until we are both age 70.
Get on a written budget, get rid of any unnecessary spending and make saving a priority. Care not what your neighbor has and live below your means. I have become a fierce anti-spender in that futile effort to try to keep up with the Smith’s and Jones. Most of them are in the 60%