Speaking anecdotally, I've always heard "living paycheck-to-paycheck" to mean having insufficient savings to cover a missed paycheck
I.e. if you don't get an expected paycheck then you cannot pay your monthly debts/utilities/rent and still have enough money to feed.yourself and your dependents
Which is why I'm worried it's not adequately defined. I'm definitely not paycheck to paycheck. But they could word the questions in such a way that I'd be included.
Oh, absolutely. If you click through to the Quicken press release they have a small section defining their methodology but don't list the specific questions
I wish more people appreciated the lengths that Pew et al. go through to both minimize and recognize sources of bias, confusion, etc
"We asked a group of gambling addicts if they run out of money regularily" /s
I think that's the point though. It's subjective.
Many people think the phrase applies to them because paycheck to paycheck is their budget cycle. They're not living hand to mouth.
Speaking anecdotally, I've always heard "living paycheck-to-paycheck" to mean having insufficient savings to cover a missed paycheck
I.e. if you don't get an expected paycheck then you cannot pay your monthly debts/utilities/rent and still have enough money to feed.yourself and your dependents
Which is why I'm worried it's not adequately defined. I'm definitely not paycheck to paycheck. But they could word the questions in such a way that I'd be included.
Oh, absolutely. If you click through to the Quicken press release they have a small section defining their methodology but don't list the specific questions
I wish more people appreciated the lengths that Pew et al. go through to both minimize and recognize sources of bias, confusion, etc
"We asked a group of gambling addicts if they run out of money regularily" /s
I think that's the point though. It's subjective.
Many people think the phrase applies to them because paycheck to paycheck is their budget cycle. They're not living hand to mouth.