Centrist pundits take issue with Bernie Sanders’s frequent claim that 60% of Americans are living “paycheck to paycheck.” His critics’ attempts to debunk this statistic aren’t convincing.
I make what most people here would consider a good salary but am somehow in the ranks of paycheck to paycheck. A huge part of that is supporting a family, ridiculous housing costs, and loss of college financial aid.
If you reply that I should be able to do better, you’re probably right. However since divorce I was finally able to set aside an emergency fund and start saving the max toward retirement, but financial aid considers those part of the family contribution to my kids college, so I can’t win. Divorce also cost me a mortgage lasting until I’m almost 80, yet college financial aid counselor asked me to extend that with a reverse mortgage
I make what most people here would consider a good salary but am somehow in the ranks of paycheck to paycheck. A huge part of that is supporting a family, ridiculous housing costs, and loss of college financial aid.
If you reply that I should be able to do better, you’re probably right. However since divorce I was finally able to set aside an emergency fund and start saving the max toward retirement, but financial aid considers those part of the family contribution to my kids college, so I can’t win. Divorce also cost me a mortgage lasting until I’m almost 80, yet college financial aid counselor asked me to extend that with a reverse mortgage