About one in three Americans making six-figure salaries are worried about paying their bills, according to a new survey from the Federal Reserve Bank of Philadelphia.
A frustratingly empty article. Why are they struggling to “make ends meet”? What ends? If it’s housing, this is a housing story. If it’s high auto loan debt, that’s a mother matter. If it’s not housing and it’s accrued consumer debt, that’s a different matter.
They never say, so there isn’t much to conclude from this piece.
Yeah people tend to spend what they make. Larger incomes are spent on bigger houses and nicer cars. But larger incomes have more wiggle room to cut back and afford the basics if they have to.
A frustratingly empty article. Why are they struggling to “make ends meet”? What ends? If it’s housing, this is a housing story. If it’s high auto loan debt, that’s a mother matter. If it’s not housing and it’s accrued consumer debt, that’s a different matter.
They never say, so there isn’t much to conclude from this piece.
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Why do we still take fake news “surveys” at face value?
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Yeah people tend to spend what they make. Larger incomes are spent on bigger houses and nicer cars. But larger incomes have more wiggle room to cut back and afford the basics if they have to.