Is It Worth the Money to Get a College Degree? Lets Do the Math and Find Out!

[rachel83az]

There are different degrees of living paycheck-to-paycheck, ones that don't necessarily require the higher earner to be careless with money.

Example:
Bottom rung - you live in a dingy studio apartment. The kind where the landlord does repairs slowly, if at all. You're lucky to have hot water on some days. Dirty laundry needs to be hauled to the laundromat. You have to take a lengthy bus ride to get anywhere. Work is an hour away. The grocery store is an hour on the bus in another direction.

Next tier - You earn a bit more, so now you're able to live in a 1-bedroom apartment that actually has utilities available 24/7. Washer/dryer are in-unit, but you must buy them. Or haul your clothes to the laundromat still. Your job is even further away, but now you have a car you make payments on. Grocery store: ditto. You're only barely above subsistence level, but you're still living paycheck to paycheck.