This is a news story, published by Upworthy, that relates primarily to The Federal Reserve news.
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savingsUpworthy
•Business
Business & Economics
51% Informative
Over 1,100 people shared why they've lived paycheck to paycheck.
The Federal Reserve found 54% of Americans have emergency savings to cover three months of expenses.
A lack of financial education, rising living costs and debt are the main causes of the problem, Reddit user says.
The grocery list that would cost you $50 5 years ago now costs you $ 100 .
A lot of people who live 'paycheck to paycheck' have a ton of deductions for things like 401k and IRA along with spending on non essentials like expensive car payments, private schools, etc." "For me it’s healthcare that makes me live paycheck to paycheck".
"I'm not a cheapskate by any means, but I’m sure as hell not spending nearly $20 for some shitty meal from Panera delivered by DoorDash when I can pack my own lunch for like $ 3 " "For me, it is a daycare costs. We have to pay $ 720 a week for 2 kids in a standard daycare. We did not live paycheck to paycheck before having kids".
VR Score
40
Informative language
33
Neutral language
24
Article tone
informal
Language
English
Language complexity
27
Offensive language
possibly offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links
