Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 06-25-2013, 05:57 PM
 
Location: Pa
20,300 posts, read 22,227,263 times
Reputation: 6553

Advertisements

I wonder how many of that 76% did to themselves with their spending habits.
oooo ahhhhh I need that wide screen TV
Ohhhh I need that new dodge charger.
Ahhhhh we need a swimming pool.
Keeping up with the Jones's is expensive.
Reply With Quote Quick reply to this message

 
Old 06-25-2013, 06:02 PM
 
Location: NJ
18,665 posts, read 19,975,497 times
Reputation: 7315
Quote:
Originally Posted by fordlover View Post
"Even more disappointing; The savings rates have barely changed over the past three years, even though a larger percentage of consumers report an increase in job security, a higher net worth and an overall better financial situation."

Link to story:
76% of Americans are living paycheck-to-paycheck - Jun. 24, 2013

Why aren't Americans saving more?
Too many wants are being purchased instead of saving. Americans pay a fortune for entertainment, deluxe communications equipment, etc.
Reply With Quote Quick reply to this message
 
Old 06-25-2013, 06:03 PM
 
6,137 posts, read 4,863,104 times
Reputation: 1517
Quote:
Originally Posted by tinman01 View Post
I wonder how many of that 76% did to themselves with their spending habits.
oooo ahhhhh I need that wide screen TV
Ohhhh I need that new dodge charger.
Ahhhhh we need a swimming pool.
Keeping up with the Jones's is expensive.
Basically.
Reply With Quote Quick reply to this message
 
Old 06-25-2013, 06:04 PM
 
10,553 posts, read 9,653,382 times
Reputation: 4784
Quote:
Originally Posted by gtc08 View Post
ellemint, you agree with the article right?
The title "76 % of Americans are living paycheck to paycheck", doesn't match the statistics in the article.

I can't find the original survey. Every story I find on it uses the same sentences, obviously from a press release.
Reply With Quote Quick reply to this message
 
Old 06-25-2013, 06:04 PM
 
Location: Pa
20,300 posts, read 22,227,263 times
Reputation: 6553
Quote:
Originally Posted by bobtn View Post
Too many wants are being purchased instead of saving. Americans pay a fortune for entertainment, deluxe communications equipment, etc.
So true. Where I work the average person is earning around 65 g a year. Yet many have no savings. They seem to have new cars every 3 years though, finance vacations and always go out to eat.
Reply With Quote Quick reply to this message
 
Old 06-25-2013, 06:05 PM
 
Location: Pa
20,300 posts, read 22,227,263 times
Reputation: 6553
Quote:
Originally Posted by ellemint View Post
The title "76 % of Americans are living paycheck to paycheck", doesn't match the statistics in the article.

I can't find the original survey. Every story I find on it uses the same sentences, obviously from a press release.
Even if it is 64.5% it is still sad that so many Americans can't balance a house hold budget.
Reply With Quote Quick reply to this message
 
Old 06-25-2013, 06:06 PM
 
Location: M I N N E S O T A
14,773 posts, read 21,507,739 times
Reputation: 9263
Did they survey every single American?
Reply With Quote Quick reply to this message
 
Old 06-25-2013, 06:06 PM
 
Location: DFW
40,951 posts, read 49,206,955 times
Reputation: 55008
Quote:
Originally Posted by tinman01 View Post
I wonder how many of that 76% did to themselves with their spending habits.
oooo ahhhhh I need that wide screen TV
Ohhhh I need that new dodge charger.
Ahhhhh we need a swimming pool.
Keeping up with the Jones's is expensive.
And much of it is put on credit cards at about 25-30% interest rates.

Can you imagine if they eliminated those interest charges yearly.
Reply With Quote Quick reply to this message
 
Old 06-25-2013, 06:08 PM
 
Location: NJ
18,665 posts, read 19,975,497 times
Reputation: 7315
Quote:
Originally Posted by tinman01 View Post
So true. Where I work the average person is earning around 65 g a year. Yet many have no savings. They seem to have new cars every 3 years though, finance vacations and always go out to eat.
Same is true where I work. I pay for my vacations immediately at their conclusion..in full.wouldn't take one I was unable to do that with. Savings always comes first!
Reply With Quote Quick reply to this message
 
Old 06-25-2013, 06:10 PM
 
41,110 posts, read 25,745,785 times
Reputation: 13868
Democrats and the EPA put the poor, the middle class in the Back of the Bus. Obama's big concern is not jobs but illegal aliens (for democratic votes) and the war on coal. Why not? It's not Obama's job that's going to be lost. It's not Obama's family that might go hungry.

Have fun in 2014 coal state Democrats
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6. The time now is 06:08 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top