Post

I think the real finding from surveys like this is that a lot of self-pitying rich people don't know what "paycheck to paycheck" means. If you are spending hundreds of thousands of dollars annually on voluntary expenditures like prep school tuition, you don't count. finance.yahoo.com/economy/arti...

These findings tell me that the survey questions need work. Asking well-off people if they live “paycheck to paycheck” is just a folksy way of asking about their savings rate.