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Your Two Cents: Are You Living Paycheck to Paycheck?

Anxiously awaiting payday has caused many Americans to seek second jobs. According to a recent CareerBuilder survey, one in five workers are trying to get hired for another job. The same survey found that approximately 60 percent of Americans are living paycheck to paycheck, which would explain why there's a rush to earn more. Are you part of this majority?

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lilkimbo lilkimbo 8 years
Yes and no. I have a sizable cushion in savings, but I still get happy when payday comes around because I'm not good at stretching what I've budgeted for "fun money." I could always take money out of my savings if need be, though, so I guess I'm not.
snarkypants snarkypants 8 years
yep. but only because i'm earning under the poverty level and just had to buy a car.
bluebellknoll bluebellknoll 8 years
I haven't in years but I certainly remember when I did in my early 20s!
Dhorwich Dhorwich 8 years
I still cut it pretty close, but tend to be surprised how I have more money left over at the end of the month than expected. Such a good feeling! I can save a bit and also start getting a few things I need to invest in now that I've been out of debt for more than a year. Such a great feeling!
ilanac13 ilanac13 8 years
i am right now - but more so because my husband is out of work at the moment and we're a one income family where as we had initially budgeted as a 2 income family.
Smacks83 Smacks83 8 years
No. I did when I got my first real job because I was young and stupid and overly excited about spending everything. I got paid twice a month and my first paid week would be great (eating out all the time, buying useless junk, movies...etc) and the second week I would be flat broke with nothing real to show for it and end up eating pasta for a week. Until the cycle started again. At this new job i swore to myself I wouldn't live like that again, and I did in the beginning (only because I was paying for my dog's vet bills) but now I haven't and I love the fact that since I have something in savings (Spectra...I'm working on getting to where you are at!) I don't feel stressed about money anymore.
irisheyes1212 irisheyes1212 8 years
Ugh yes, and that is with two jobs. I have the worst money management skills imagineable. :-/
skigurl skigurl 8 years
no, i barely remember when i get paid it comes by direct deposit and if it weren't for my calendar notations, i wouldn't have a clue
supercoolnat supercoolnat 8 years
No, and I haven't for a long time. Believe me, the stress is still there, and I still get so excited when those paychecks come. My husband gets paid biweekly - so it's like a party every other Friday! But it feels good to be able to pay our credit cards in full every month, save up for big things like our wedding and vacations, and watch our longer-term savings grow.
Chouette4u Chouette4u 8 years
No, but I used to, and it feels great to not have to look forward to payday anymore.
lil_bit_edgy lil_bit_edgy 8 years
I do unfortunately. I graduated from college a few years ago and by now I thought I've had a promotion but I know with these tough times I'm grateful I have a job. I figured that this is how most people probably start out unless you are getting paid well starting off. School loans are what kill me the most though. :s
adella09 adella09 8 years
No. I used to years ago. My check was spent before I even cashed it.
GlowingMoon GlowingMoon 8 years
Antioxidant Antioxidant 8 years
No, I don't live paycheck to paycheck. I don't make nearly enough money, but I have enough saved up for most anything I could need.
pearsbeary pearsbeary 8 years
wow spectra, very commendable...i'm working on it too...definitely not paycheck to paycheck though
Spectra Spectra 8 years
No, we've never lived paycheck to paycheck because both of our parents did and we saw how stressful it is. I remember getting overdraft statements in the mail when I was a teenager and knowing that there would be a blowup when my parents got home because of it. My husband grew up on a farm and if they didn't sell enough hay or something, they had to give up certain things. We try to keep a cushion of at least $20,000 in case anything were to happen, but right now we have a lot more saved in addition to that. In tough times, you definitely need to be planning ahead.
esmerb esmerb 8 years
I feel like it depends on the month and what is going on but I get to pay all my bills and save every month and I think that is what is most important for me.
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