Question for the Money Doctors
Question submitted on Apr 25, 2020.
QuestionWhat 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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