return2ozma@lemmy.world to News@lemmy.world · 1 year ago'An economic divide that is widening': Almost one third of Americans earning $150,000 a year or more say they're living paycheck to paycheck and many rely on credit cards to close the gapfinance.yahoo.comexternal-linkmessage-square266fedilinkarrow-up1538arrow-down119
arrow-up1519arrow-down1external-link'An economic divide that is widening': Almost one third of Americans earning $150,000 a year or more say they're living paycheck to paycheck and many rely on credit cards to close the gapfinance.yahoo.comreturn2ozma@lemmy.world to News@lemmy.world · 1 year agomessage-square266fedilink
minus-squarestinky613@lemmy.sdf.orglinkfedilinkEnglisharrow-up2·1 year agoA few additional things to consider: Accrued debt Areas with highest cost of living tend to also be areas with relatively high population density (San Francisco is usually the go-to example for this) Inflexibility of living in austerity Intuit benefits from scaring people in the lower and middle economic classes
A few additional things to consider: