I asked my buddy at work how he was doing and he said “I need to get this money, ya know? It’s tight.” Meanwhile, he’s paying weekly for what I pay monthly for a car. My phones are always bought secondhand and for the most part I only blow money on videogames.
You can be “doing good” financially because you make enough money to afford the lifestyle you want while “living paycheck to paycheck” because you spend 100% on your lifestyle.
Well it depends on your definition of “OK” and it’s a matter of perspective.
If someone views themselves as financially “OK” because they can make it in to the next month with at least as much money as they started, even if that amount is £0, then they’re OK.
Whatever you read in to the statistic, the implication is that 27% aren’t OK and that is absolutely terrible.
73% of households report they are personally doing “Okay or better” financially.
58% of registered voters say they are living paycheck to paycheck.
Literally every self-reported metric about the economy contradicts the next one.
I asked my buddy at work how he was doing and he said “I need to get this money, ya know? It’s tight.” Meanwhile, he’s paying weekly for what I pay monthly for a car. My phones are always bought secondhand and for the most part I only blow money on videogames.
You can be “doing good” financially because you make enough money to afford the lifestyle you want while “living paycheck to paycheck” because you spend 100% on your lifestyle.
I call absolute bullshit. There is no way that could possibly be representative.
Well it depends on your definition of “OK” and it’s a matter of perspective.
If someone views themselves as financially “OK” because they can make it in to the next month with at least as much money as they started, even if that amount is £0, then they’re OK.
Whatever you read in to the statistic, the implication is that 27% aren’t OK and that is absolutely terrible.
Being “ok” is a subjective take for many reasons.
Being “paycheck to paycheck” is objective and easy to formulate an observation.
The two only have to interconnect through subject matter, not in measure.
It’s all down to who you ask, and how you word it. Some polls have some really convoluted wording to try to get the number they want.