“Living paycheck to paycheck” varies significantly across financial situations. For some, it involves stretching under $100 across two weeks, a stressful reality marked by extreme resourcefulness due to actual poverty. Others might face a crisis like being unable to pay rent if they miss a paycheck or two, highlighting the precariousness even among those somewhat financially stable.
Meanwhile, there are those who earn enough to avoid these stresses but still live paycheck to paycheck due to poor financial management. For instance, this twitter post where someone earning $80K a year and paying $1,175 in rent could potentially save by cutting unnecessary expenses and better budgeting.