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Question for the Money Doctors

Question submitted on Apr 25, 2020.


What is the percentage of working people living paycheck to paycheck?


Too many and I hope you are not one of them.

The current pandemic is teaching us the importance of living within you means and setting aside money in savings.

According to CareerBuilder, 78% of Americans live paycheck to paycheck.

You need to manage your debit and expenses.

Spend less than what you make.

Save at least 10% in savings.

Save at least 10% in retirement.

Spend no more than 1/3 on housing costs.

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