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[–] 87 points 2 years ago (2 children)

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

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  • [–] 40 points 2 years ago (1 child)

    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.

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  • [–] 18 points 2 years ago (1 child)

    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

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