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328 sats \ 5 replies \ @SimpleStacker 2 Dec \ on: No, 60% of Americans aren't "living paycheck to paycheck". econ
Yeah, it's a big myth. Another big myth is that most Americans can't come up with $400 cash in an emergency. That myth came from a survey where people were asked "how would you finance a $400 emergency" and most people said "credit card".
Well, I'd put it on the credit card too, but I'd just pay off the credit card every month.
That's just prudent behavior in a fiat system...don't keep cash, and carry expenses on credit card
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I'd have to put it on a credit card too I guess because I don't have 400$ cash
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Do you have $400 in a checking account? usually when people say cash they also mean money in checking and savings accounts.
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Nope not usually. I can pay about 400k Sats though? I guess I just have to wait until most businesses accept them
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I'd be angry if I did.
I make it a point to never have more than £100 of that toxic fiat caca beyond what I need to pay my bills.
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