Comments on: 13 Disadvantages of Living Paycheck to Paycheck http://www.debtbeater.org/13-disadvantages-of-living-paycheck-to-paycheck/ A case study on paying off all debts Sat, 17 May 2008 18:27:02 +0000 http://wordpress.org/?v=2.2.1 By: Debt Free Hispanic http://www.debtbeater.org/13-disadvantages-of-living-paycheck-to-paycheck/#comment-228 Debt Free Hispanic Mon, 24 Mar 2008 21:00:50 +0000 http://www.debtbeater.org/13-disadvantages-of-living-paycheck-to-paycheck/#comment-228 The reason why you shouldn't live paycheck to paycheck is all because of risk. You may get sick, lose a job, anything could happen that will set you back. People need to be able to breathe financially. The reason why you shouldn’t live paycheck to paycheck is all because of risk. You may get sick, lose a job, anything could happen that will set you back. People need to be able to breathe financially.

]]> By: Mr. Debtbeater http://www.debtbeater.org/13-disadvantages-of-living-paycheck-to-paycheck/#comment-197 Mr. Debtbeater Thu, 20 Mar 2008 11:41:05 +0000 http://www.debtbeater.org/13-disadvantages-of-living-paycheck-to-paycheck/#comment-197 @kentuckyliz Nice post, I'll have to agree with you on that one. However, the term is most often coined as living from payday to payday without a plan for any of that money beyond the present...and that's what I'm talking about here. Obviously everyone literally lives paycheck to paycheck just as from heartbeat to heartbeat. I suppose another subject line or theme for this article could be "13 disadvantages for living without a plan" because I consider the two pretty close in context. I'm just taking advantage of the common phrase I suppose. Thanks for sharing your take on it! :D @kentuckyliz

Nice post, I’ll have to agree with you on that one. However, the term is most often coined as living from payday to payday without a plan for any of that money beyond the present…and that’s what I’m talking about here.

Obviously everyone literally lives paycheck to paycheck just as from heartbeat to heartbeat. I suppose another subject line or theme for this article could be “13 disadvantages for living without a plan” because I consider the two pretty close in context. I’m just taking advantage of the common phrase I suppose.

Thanks for sharing your take on it! :D

]]> By: Carnival of Personal Finance #144 : Carnival of Personal Finance http://www.debtbeater.org/13-disadvantages-of-living-paycheck-to-paycheck/#comment-196 Carnival of Personal Finance #144 : Carnival of Personal Finance Thu, 20 Mar 2008 06:01:11 +0000 http://www.debtbeater.org/13-disadvantages-of-living-paycheck-to-paycheck/#comment-196 [...] 13 Disadvantages of Living Paycheck to Paycheck [...] […] 13 Disadvantages of Living Paycheck to Paycheck […]

]]> By: kentuckyliz http://www.debtbeater.org/13-disadvantages-of-living-paycheck-to-paycheck/#comment-195 kentuckyliz Wed, 19 Mar 2008 21:47:03 +0000 http://www.debtbeater.org/13-disadvantages-of-living-paycheck-to-paycheck/#comment-195 Living paycheck to paycheck in itself is not a bad thing. I blogged about this last month. http://undercovermillionaire.blogspot.com/2008/02/living-paycheck-to-paycheck.html As long as I am in the wealthbuilding (accumulation) phase, I am living paycheck to paycheck. When I have done that long and well enough, I will be financially independent, where my pile of assets can pay me enough to cover expenses, and perhaps more than a work paycheck. That's the distribution phase. So I proudly live paycheck to paycheck until there is no more paycheck. LOL Living paycheck to paycheck in itself is not a bad thing. I blogged about this last month.

http://undercovermillionaire.blogspot.com/2008/02/living-paycheck-to-paycheck.html

As long as I am in the wealthbuilding (accumulation) phase, I am living paycheck to paycheck. When I have done that long and well enough, I will be financially independent, where my pile of assets can pay me enough to cover expenses, and perhaps more than a work paycheck. That’s the distribution phase. So I proudly live paycheck to paycheck until there is no more paycheck. LOL

]]> By: Monroe on a Budget » Blog Archive » Carnival of Personal Finance: St. Patrick’s Day edition http://www.debtbeater.org/13-disadvantages-of-living-paycheck-to-paycheck/#comment-185 Monroe on a Budget » Blog Archive » Carnival of Personal Finance: St. Patrick’s Day edition Mon, 17 Mar 2008 23:29:34 +0000 http://www.debtbeater.org/13-disadvantages-of-living-paycheck-to-paycheck/#comment-185 [...] Debtbeater presents 13 Disadvantages of Living Paycheck to Paycheck: “Having lived paycheck to paycheck for almost 10 years is enough for me to either realize [...] […] Debtbeater presents 13 Disadvantages of Living Paycheck to Paycheck: “Having lived paycheck to paycheck for almost 10 years is enough for me to either realize […]

]]> By: Ben http://www.debtbeater.org/13-disadvantages-of-living-paycheck-to-paycheck/#comment-170 Ben Wed, 12 Mar 2008 03:06:52 +0000 http://www.debtbeater.org/13-disadvantages-of-living-paycheck-to-paycheck/#comment-170 Getting away from living paycheck to paycheck is a lot like holding your breath. It hurts pretty bad but once its over it feels really good. I am not sure that makes a whole lot of sense but you get the drift...Anyway thats how I looked at it and I recently built myself up to a healthy buffer so that I could maintain and allow a good majority of my bills to be automatically debited so no late fees. Great site btw. Getting away from living paycheck to paycheck is a lot like holding your breath. It hurts pretty bad but once its over it feels really good. I am not sure that makes a whole lot of sense but you get the drift…Anyway thats how I looked at it and I recently built myself up to a healthy buffer so that I could maintain and allow a good majority of my bills to be automatically debited so no late fees. Great site btw.

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