​20% Of Households Making Over $150,000 Live Paycheck-To-Paycheck – Tyler Durden

20% Of Households Making Over $150,000 Live Paycheck-To-Paycheck Authored by Mike Shedlock via MishTalk.com, Bank of America has an interesting report on who’s living paycheck to paycheck (PTP). It’s not just the poor. Blame the Fed. Please consider Paycheck to Paycheck: What, Who, Where, Why? What Does It Mean? The term ‘living paycheck to paycheck’ is a fairly frequently heard expression but can be somewhat nebulous and is not always clearly defined. Broadly, one can imagine it refers to individuals or households that regularly spend nearly all of their income, leaving little to nothing left over for savings. By that widely…  — Continue at ZeroHedge News : Read More