09-16-2024, 07:46 PM
living paycheck to paycheck
78% of Americans (including Brits living in The USA) report living paycheck to paycheck, according to a 2023 survey conducted by Payroll.org
24% of Americans making $100,000 or more report living paycheck to paycheck, according to a Bankrate.com survey.
Hawaii Schools received a "D" from the American Public Education Foundation for failing to, "ensure any substantial financial literacy instruction."
When Americans get a raise, a shocking number of them immediately go out and get another payment. It's a culture of overspending and debt. This is not to say that teachers are properly compensated. I suspect that many are not. I'm simply saying that more money rarely solves the paycheck -- paycheck conundrum. People in every profession and walk of life, simply refuse to live within their means. The nicest thing we could do for our keiki, in my opinion, is teach them to be financially literate and avoid most forms of debt.
TomK you will appreciate Charles Dickens in David Copperfield. He says:
Annual income twenty pounds, annual expenditure nineteen nineteen and six , result happiness.
Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.
78% of Americans (including Brits living in The USA) report living paycheck to paycheck, according to a 2023 survey conducted by Payroll.org
24% of Americans making $100,000 or more report living paycheck to paycheck, according to a Bankrate.com survey.
Hawaii Schools received a "D" from the American Public Education Foundation for failing to, "ensure any substantial financial literacy instruction."
When Americans get a raise, a shocking number of them immediately go out and get another payment. It's a culture of overspending and debt. This is not to say that teachers are properly compensated. I suspect that many are not. I'm simply saying that more money rarely solves the paycheck -- paycheck conundrum. People in every profession and walk of life, simply refuse to live within their means. The nicest thing we could do for our keiki, in my opinion, is teach them to be financially literate and avoid most forms of debt.
TomK you will appreciate Charles Dickens in David Copperfield. He says:
Annual income twenty pounds, annual expenditure nineteen nineteen and six , result happiness.
Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.
I wish you all the best.