Here’s a quick dive into the fascinating world of wealth and richness. According to a 2025 Charles Schwab survey, Americans believe it takes an average of $2.3 million in net worth to be considered wealthy. But what does that really mean? The definition of wealth is subjective, and it depends on various factors like location, lifestyle, and financial prudence.
Tag: paycheck to paycheck
The myth about living paycheck to paycheck – hint, it is not 60% of Americans and it doesn’t just mean low income of poverty
The numbers on living paycheck to paycheck in the U.S. are a bit of a mixed bag. While some surveys suggest just 25% of households are barely getting by, others claim nearly half rely on their next paycheck to make ends meet. It’s all about how you define ‘barely making ends meet’.
What would you do?
I found this story interesting. Is this what we call modern money theory? If I lost my job with a family I’d be focused finding
