Comment on Nearly a quarter of U.S. households live paycheck to paycheck, report finds
BombOmOm@lemmy.world 1 week agopaychecks dont arrive for another week (or more), sometimes it’s a necessity
Absolutely. And then when the bill comes in six weeks, pay the balance.
Credit card use is fine, carrying a balance on credit cards is what eviscerates your finances.
Zorque@lemmy.world 1 week ago
And more bills come in to pay in that six weeks. And mouths still need feed and heads still need roofing.
“Just pay the balance” is great advice… if you actually have the money to do so. Most people in these situations don’t. Which is why they’re in that position in the first place. Suggesting otherwise is exceedingly out of touch with reality.