I can understand a 20 or 21 year old kid would fall in that category. Other than that I have no understanding how an adult could live like that.
I work for a non-profit and until 6 months ago, I didn’t have the resources to save anything. I was at $0 in savings. Thank God I have been able to start saving and investing this year and am starting to build up a nest egg.
And no, I don’t have cable (got rid off it 10 years ago), I don’t own a car, I don’t have a cell phone, and I even got rid of my online game account last year ($12 a month).
Some people just don’t make the money needed to save.