40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’
fortune.com
“There's this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.
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Pretty sure every cc has the minimum payment higher than the interest. If you just stop buying shit you'll pay it off eventually, even if you can only afford the minimum payment. The balance can't grow unless you're still buying shit.