Study: 60% of millennials making 6 figures feel they live paycheck to paycheck

ABC News’ Alex Presha speaks with millennials making six figures, but who say it doesn’t go as far as expected due to soaring student debt and high living costs.
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#millennials #studentdebt #livingcosts

[@TheZchristina97]

“Feeling” like you live paycheck-to-paycheck and actually living paycheck to paycheck is not the same thing

[@Scarsofevil]

I'll be living paycheck to pay check, but at least I get the luxury to max out my Roths. Most people don't even have the luxury of doing that.

[@blakrumba]

thank you. This just irked me.

[@idk8964]

@Santrez B being stupid with money vs actually living paycheck to paycheck with bills past due and eating a box of off brand macaroni and cheese for dinner 4 nights a week

[@MyHandelsMessiah]

@Santrez B nowhere in America is it too expensive to live comfortably making $100,000+/year. Everywhere in America is too expensive to live comfortably making less than $50,000/year

[@hisomebodytrackingmuch1309]

@@MyHandelsMessiah exactly!

[@lemar2122]

If you make 6 figures and you're broke, I don't feel bad for you. It's people living off $50,000 and doing fine. It's not the money, it's you.

[@christenford3864]

Say it again for the people in the back 😅

[@FakeMarket]

Lemar, fo realz

[@njm5991]

I know the struggle.

[@islandgirl1818]

👏🏼💯

[@toughsuga2]

Facts

[@barnesnplebian6462]

This is what people call "first world problems"

[@bearronaldopro3959]

Exactly

[@francolegacyspanishmiracle4798]

Bingo

[@mannyfresh18pilsen13]

Crypto the means to financial freedom ✌

[@thenextlevel112]

Virgin troll spotted

[@yoleeisbored]

lol yeah stop traveling

[@harpergrace5846]

This is a disgrace to people who actually live pay check to pay check

[@lordcromwell5512]

Agreed.

[@michaeld.williamsiii9026]

I second that, they should’ve interviewed “actual people” who are experiencing living paycheck to paycheck. Hands down not people who appear to be doing pretty decent financially. Only to just be whining and complaining, I’m sorry I watched this full interview, smh. 😑

[@melindaunknown6411]

Amen

[@girlanonymous]

Disgraceful? A bit dramatic. As a person who was actually homeless living in a shelter while having a full-time job, I’m not offended at all. The cost of living is high. I dropped out of college because it costs too much and the financial aid is really a joke. I no longer live in a shelter (that was many moons ago) but rent/utilities living in a big city has it’s costs. Im glad I don’t have kids because I’d struggle financially.

[@Bsb0830]

Harper Grace@They need to get on the Dave Ramsey diet

[@christopherwalsh3101]

This is the most rediculous news story in a long time

[@jamalwilburn228]

Bunch of rich people wanting some victim time because they can't handle the truth that they are weak and easily manipulated into doing things they shouldn't like buying something expensive to match a friend's

[@user-by5by4pr5s]

Agreed.😂😂

[@Cindy-pk6gy]

LoL

[@ProfessorKenneth]

Ridiculous yes it is..

[@xx03_p19]

If you can’t manage your expenses with a 6 figure salary a 7 figure won’t change anything! Financial freedom = Living below your means

[@TheAlbert1A1]

Preach

[@dianepereira1860]

Agreed! Most people do not make that kind of money and are doing financially well. You need to make good choices....going to a public college instead of private schools saves a boat load of money, buy a used instead of new car, eat at home and bring your own lunch instead of eating out, stop going to Starbucks. ...every little helps to save money and aquire wealth. Hard to feel empathy for those who aren't willing to make the sacrifices to get out of debt and stay out of debt.

[@xlkarma8446]

What! You have no idea what you’re talking about

[@davidhansen1311]

@@dianepereira1860 but what if you live at a place where living expenses are higher?

[@dianepereira1860]

@@davidhansen1311 Even if living expenses are higher in certain areas, you can always find ways to cut back. Buying used vs new, stop going out to eat in restaurants, bringing a bagged lunch to work and brewing your own coffee, menu planning dinners around what's on sale at the grocery store. These are just a few ways to save money. If the area is way too expensive to make ends meet, one can always relocate to a less expensive area. There are a multitude of KZbin channels that give great ideas on how to save money.

[@michalis75]

This feels like a Onion video

[@achmadabdul09]

Or April 1st….

[@transphotography]

Lol, yep! Until you realize these people are for real. They need a healthy dose of reality

[@lalalay7812]

😂

[@mba2ceo]

this is a manipulation of the stupid video ?

[@melissajordan4621]

If this isn’t the silliest thing I have ever heard. You feel like you are pay check to pay check because you are living outside of your means.

[@transphotography]

You sound like a sensible person. I completely agree with you. 😂

[@melissajordan4621]

@@transphotography thanks 😊

[@dislikebutton69]

High earners, stupid spenders 😂 HESS

[@puddincup9879]

Hess indeed!!!!😂😂

[@abbieC88]

Period! I fell out when she's talking about her Gucci belt 🤣

[@Ms.MD7]

Omgoodness this is the best description 😂😂😂

[@annveronica7795]

They're highly educated, not smart yet.

[@SUGAR_XYLER]

Proof that college is a waste of money!

[@verlouria]

😂🤣😅😆 lmao

[@Integratedsful]

No when watching this i wonder if its actors or how can they be so out of common sense, freaking insane, they feel so dumb so naive, 🤣

[@mrs.s8855]

🤣🤣

[@iloveparamore123100]

Facts hahah. No financial education, but they have the finances 😂😂

[@Tenny0721]

They want to live millionaire lifestyle with the 300k a yr income. Of course it is awesome pay but you need to live within your means, that simple.

[@Scarsofevil]

it's simple, the number on splurge people like to make is that 5-6k luxury apartment that they don't get to enjoy. All they use it for is to go home and sleep.

[@jimziemer474]

That doesn’t seem fair that there are people with more money.

[@chuckdarwin6887]

If I made 300k I would live in a trailer and bank.

[@robbank8027]

@@chuckdarwin6887 welcome to the oilfield.

[@icebergrose8955]

Too much TV, frigging idiots.

[@islandgirl1818]

Forget the Jones'... they're trying to keep up with the Kardashians.

[@mandisaw]

They glossed past it, but Instagram culture & complete inability to recognize the BS/fakery that people put out as their social media "lifestyle" seems to be a big part of this. That and financial illiteracy :(

[@genwilson7741]

😆😂😭💀 so true! Best comment on here!

[@JonasMatthewBahta]

Damn right!

[@fanfan8484]

I laughed so loud!

[@24james]

Lattes, vape pens, Uber rides, eating out 3 times a day, new iPhones & hot yoga ain’t cheap💯🤣

[@brittyh428]

You right 😩

[@sistertujuana4834]

Annnnnd extra guac

[@lakelurker08]

Cringe.

[@Urban-Decay841]

A lot of wealthy people live like us, surprisingly. Richest person in Mexico, formerly the world, for example.

[@midlife_minimalist]

Don’t forget the fake eyelashes, regular manicures and pedicures and so on. The “extras” should come after you pay off your debt and save for emergencies and future retirement.

[@Gurlhmong]

If you’re making 6 figures and struggling then you’re living beyond your means.

[@brettthomas6327]

Great comment 👍👍 especially without kids lol 😆🤣

[@yoleeisbored]

yeah. dont travel.

[@lifewithalicia3957]

@@brettthomas6327 hold yea I feel if u make 6 figures u can make it. You just living above your means but one thing ima say ppl think cause ppl don't got kids we should have it all together and for one we can't. If it's only you paying the bills and to make it clear we lose our job we can't go tell the landlord we lost our job and still be able have a roof if we lose our job we lose everything so stop with the no kids bs cause yall get benefits, ebt and government help yall with money and plus yall work and yall have help but yall ppl with kids still struggling which ion know how when u getting all the help in the world smh.

[@jbf430]

100k a year is take home pay of 5500 a month. The average bills for a single person is 3200 a month. At best your going to save 2k a month. Assuming nothing goes wrong in your life, it would take 15 years to save enough to buy a average starter home, of course in 15 years the home will cost even more so in the end you have nothing

[@margauxlowery4324]

Noooooooo. Wa are entitled to. I want to drive a Ferrari.

[@chrisbammer8679]

100k a year and living paycheck to paycheck? That's your own damn fault for trying to live beyond your means.

[@peaceout6359]

Its a bit reductionist, true they are at fault, but there are crucial points covered that are important for whole of society. For example - social media has made it that we feel the need to compete, that is not an individual issue but our issue as a society. Therefore, we need to hear the story with an open mind, and not everytime we see people making more than minimum as you should have no problem because that kind of thinking does not benefit anyone.

[@haroldbrett8726]

And they think the rest should pay for their misunfortuned

[@christopherwalsh3101]

" I had to save up two years for my Guccie belt" gurrrrl

[@Integratedsful]

Lol, who tf even saves two year to get that, the below common sense is ridiculos

[@singingplaylist7779]

Hurl time

[@transphotography]

🤣😂🤣

[@ProfessorKenneth]

@@Integratedsful really lol...smh..

[@ProfessorKenneth]

Christopher Walsh....smh... you'll learn one day the hard way... ❄️

[@melaniejay3457]

300k is in no way living paycheck to paycheck. Utterly ridiculous people who haven't a clue what being broke really is.

[@ballergame1017]

One word big spenders.I am pushing towards an 350k networth and I have 700 credit score and I only earn 65k a year.And a rental expense of 700.And I am 39 year old.I save aleast 30k a year.

[@websurfer4672]

I know someone who is earning six figure but struggling to find an apartment under $3000 in NYC that has easy commute to work

[@pedrokantor3997]

@websurfer boo hoo. Cry me a river.

[@websurfer4672]

@@pedrokantor3997 beggar

[@heirloomcottagedesigns9063]

You can make a million a year, but if you can’t manage it, it doesn’t matter…

[@jirenthegray]

Even then, if you're over spending, you're not rich. Many people (especially these "HENRYs" fail to realize that wealth is based on what you own, not what you make).

[@soul2soul399]

💯

[@janellecoleman4071]

This is such BS… those of us who have the same expenses, school loans, rent, etc. make lifestyle choices to scrape by with less than 50k a year. This is just frivolous behavior being showcased 😑

[@patrickbellefleur5508]

Preach. I bet you every one of them lives in a nice apartment within a big city.

[@janellecoleman4071]

@@patrickbellefleur5508 for real though. Lots of jobs that give back to the community (public health, teachers, EMTs, nurses) make less than these people and we just make do. It’s not like we don’t work hard or deserve good pay, but having luxury is just that, a luxury 🤦🏼‍♀️

[@microbios8586]

Yeah, this is so dumb. I'm of the same age and make almost nothing and I'm fine financially. These people are spending too much.

[@JB-qv3wr]

Exactly...No Budgeting or Investing....All Spending and Living above there Means...That is the American Way

[@KingLouisII]

Look, I get it. But don't fall into the trap of disgracing those doing moderately better. It's how the super-rich keep attention off their disgusting extravagance. Most of these folks live in big expensive (base cost of living) areas, and their larger pay doesn’t offset that expense as much as you might think. They said a bunch of times that they're not crying poverty for pity, just dispelling the perception that someone making $100k+ can be care-free. It's just a perspective with misconceptions of those not living it. Nothing more. I make nearly six figures, but most of my money goes paying back loans from school and debt I racked up while being poor. I rent out a bedroom in Ventura, CA. It's expensive here. I'm not struggling, but I'm not "free" like many might think I can be. Although I am able to take the odd vacation here and there. Again, like these folks, it's just a perspective... not a cry for pity. Just don't fall into the trap of "I have it harder than you so stop complaining". It's a stupid argument among people divided my ultimately so little. While the mega-rich (high 6-7 figures) contribute nothing, profit so much more, but are completely left off the hook.

[@noahestus6830]

Couple who makes 300 k a year; “we don’t have much debt, but got a 10 k tax bill and it just really makes us feel like we’re struggling.” Okay.....

[@hilarylauren6112]

Yeah, I mean that’s a 3% tax rate. Honestly I hope they’re paying more than that…

[@kevindo6292]

And they live in Virginia!!

[@marczamo2500]

@@hilarylauren6112 I'm sure they are (unless they own a business). They pay taxes all year, it sounds like that's end of the year tax bill the feds still want. They're in a higher tax bracket 24% I believe for 300k

[@laboheme125]

I response to that was, "gurl have a seat".

[@monicarenee7949]

Right like you’re an entrepreneur, you should know to set aside money for taxes lol

[@user-ok6ef9zn4f]

I'd definitely take that 10k tax bill with a 300k income...

[@queenruth2109]

Right . The trade off you made 290 then. So what do you do with rest. Is it all in material things or investments🤔 honestly what are they doing with their money.

[@user-ok6ef9zn4f]

@@queenruth2109 they probably live in a high cost of living city. So I would probably save for two years while renting. 50% stocks, 50% cash. Then, use the cash for a down payment for a mortgage on a nice house. Once the mortgage is achieved, I would dump the rest of my cash into stocks while maintaining a 20k emergency fund. These people make it harder on themselves with their car payments, Gucci bags, and obsessive postmates and Uber eats 3 times a day. All of that will make you poor really fast.

[@mommynab]

@@queenruth2109 the $10,000 tax bill was likely in addition to taxes they already paid out of their weekly checks. The tax rate is 30-40%, give or take, varies by state and local income taxes so around April 15th they were hit with an additional $10k bill. No one who "makes" $300,000, at least from a normal income keeps $290,000. It's probably ~$150,000 after 3 levels of taxes (fed, state, city) and Social security deductions.

[@danielwill2912]

"Living below your means" adjust your lifest, be frugal, budget, save and invest. This helped me out as a 6 figure earner. I've grown over a million in retirement savings with this method.

[@romerocondino9938]

The term HENRY. Is really so hilarious. Sadly there's actually people living paycheck to paycheck

[@theresamish1746]

Great Job man. You said it all right there! 👍

[@theresamish1746]

​@@romerocondino9938​ the term Henry is so funny. I literally laughed whenever it was mentioned in the video 🤣 Ps: my first time hearing it

[@millsjenna8606]

Charlotte NC, 32. I Just started at my six figure job after being in and out of the poverty line. I really hope I don't end up like this. I'm scared really scared!!!

[@danielwill2912]

@@millsjenna8606 Don't panic, start out easy, don't buy things you don't need, budget every money, always save a portion of your pay atleast 5% , Invest from your pay check; it grows and helps you accumulate wealth easily.

[@521i]

This is really, really elitist. And the victimization is disgusting.

[@yippeeyokai5750]

If I were making 100,000 a year I can pay off all my student loans in a few years.

[@njm5991]

McDonald's can help you, they will pay for college.

[@SUGAR_XYLER]

My sister never paid hers off 😂🤣

[@Ominiumshadow24]

@@njm5991 No it wouldn't. Also I don't even have a collage degree.

[@ballergame1017]

Dude you ain't lying.My networth is more than 6 figures but I earn half as much as them.GTFOH.

[@SilverXT]

"Student debt takes a high part of his income" The dude says as a pic of him shows up in India. Wowowowow. STOP GOING OUT AND CUT YOUR EXPENSES

[@hisomebodytrackingmuch1309]

“Personal spending” is not a required cost of living.

[@untouchable360x]

"Money problem are 80% behavior. 20% math." Dave Ramsey

[@windsofmarchjourneyperrytr2823]

Yeah, and no. Never listen to rich guys when they say this stuff. They're not in that situation. You need more skills and education and don't live in a nice area...

[@Loveroffood41]

Oh I fully agree. Dave Ramsey knows what he is talking about.

[@Hey-xg8gb]

News Flash: People who make a bunch of money wish they had more

[@windsofmarchjourneyperrytr2823]

Stupid, whiny and greedy. Let them switch w me.

[@lindaj171]

It's called GREED. As long as you are greedy, you will never have enough.

[@Girlintheewild]

I feel like people need to talk about greed more.. it’s really getting swept under the rug & being masked.

[@LambertBowden56]

@Tom Edwards Of course we all have flaws. It doesn't mean you can't call these people idiots too...

[@transphotography]

It’s FOMO and social media that’s making them so unhappy. They need to go do some charity work or something

[@georgemcfly3482]

Everybody is greedy, including you.

[@sistertujuana4834]

Look at these people’s houses...I’m flabbergasted. This is privilege

[@chrislanejones]

That Marietta Georgia guy has a massive wet bar in his kitchen. Every bottle is on that rack behind them.

[@SUGAR_XYLER]

@@chrislanejones 🤦‍♀️ wasting money on booze

[@jamalwilburn228]

It's because these people are idiotic and will spend 99% of their income and wonder why they are broke. Too focused on Twitter

[@ms_cartographer]

@Chief. Where do you get your statistics on white people?

[@bluejedi723]

@@jamalwilburn228 I agree to many high earners squander their money

[@Brewmaster992]

Lol, learn what a budget is.

[@FakeMarket]

College makes you dumb if you subscribe to it

[@Godsknight]

Right! they are supposedly lawyers and other top proffessions and they can't even manage their expenses.. I wouldn't want a lawyer that couldn't even do that making six figures. I think they were paid actors.

[@breezluize3282]

"Ben Gaut makes between $100k - $200k a year." Um, could you be a tad more specific? That's quite the range there.

[@jamalwilburn228]

It's his friend so he probably makes closer to 100K, but he asked "Can you make me seem more rich on TV?"

[@ro7601]

I think he has irregular income.

[@janetsbff5974]

He’s a consultant so probably doesn’t have a regular steady annual income.

[@Jonah-in-Boise-ID]

Probably thought it was too personal to share. He certainly could have been more specific. I make around $150k per year depending on the number of consulting jobs etc.

[@FakeMarket]

Henry's are not financially savvy like us poorer people that live fairly well. Henry's dont understand economics.

[@myivyfindstore]

Basically.

[@chrisevans9688]

Chris Evans up cool we back in time that works best new roof and we will see you get this before now either way do did you get this for you power me now do you can help us future so we can talk tomorrow morning if they can do anything for me if they is good news would be back from the house now get idi out of town this weekend and the best so far do they still need soon would you power up cool we back

[@cmac3764]

Correct, many of them don’t understand economics and having to live truly paycheck-to-paycheck because THEY don’t!

[@thejamer5280]

That was about the stupidest news piece I've ever seen.

[@bboyfbk]

Facts! ABC must be starving for content.

[@monicabeezup988]

This is soo humiliating 😂 They don’t know how dumb they look to everyone else.

[@melindaunknown6411]

They want, and expect, sympathy.

[@cmac3764]

Exactly, they all literally sounded like immature, bratty, clueless middle-schoolers. The audacity of them to feign struggle and poverty in general and while the whole world remains in a global pandemic.

[@ExplorewithMohammed]

Fun fact: 100% of Billionaires feel like they’re still not making enough money.

[@lisajohnson6351]

That’s not true.

[@GoatTHEGreat]

@@lisajohnson6351 Well, he did say it was fact 😂

[@jirenthegray]

FACTS! This is why it's important to go by the stats. I don't believe in the HENRYs. If you make double the national median? You're doing fine. The problem is your lavish spending. You spend money on luxuries and then say you're living paycheck to paycheck.

[@CoffeeOn]

That's bullshit.

[@Monster12255]

If you're making a 6 figure salary and live paycheck to paycheck, you are obviously not managing your money properly.

[@shaynelee487]

Note to self: Thanks for being a minimalist!

[@chriskelleher349]

Individuals in need of humility and I expect they will never have it.

[@joshitheyoshi2533]

lol the first guy with the huge booze cart had me rolling. Roll that thing away before you do a national interview, dude!

[@Emmere]

😂 I was looking for this comment

[@tipsybass7060]

Well, we could all just say, just like many of them say about poor people… oh it’s his addiction that keeps him poor… maybe he should go to rehab, because that’s so make every thing better

[@yoleeisbored]

lol and stop traveling... the other guy travels around the world

[@Garyyx24]

it's not about how much you make, but how much you are able to save.

[@shaunstark4263]

When everything you saved up for decades is instantly eaten up by inflation, perhaps you should live for something else.

[@lauren6509]

Saving is ass. I'm sorry but when this panoramic hit, everyone's savings dwindled within like the first 3 months. Yes that gave them cushion to think about their next steps but in reality they were in shitty circumstances along with the crackhead on the street.

[@jessicar5612]

You are close but it is actually not about how much you save it is about how much you can invest and what you invest in. You need to have assets.

[@saaantacruz]

*invest

[@shaunstark4263]

@@saaantacruz what should we invest in? A fallen world? A controlled economy? Or perhaps the lies and delusions of heartless of men? Things? Land? Or the heavens above?

[@blackbirdhollow3889]

Living above one's means is never a good idea.

[@LTabarangoa90]

HENRY'S should have learned how to properly manage their finances. Lol.

[@angelachanelhuang1651]

Never heard this term. Henry

[@preezypatel]

Well Dave Ramsey will be having a field day with this piece.

[@cmac3764]

How in the hell is Courtney maxing out her credit cards earning $300,000 income. Don’t anyone tell me she can’t budget and/or her credit cards off on her $150,000 portion of that either living in the DMV area. Unless she’s left out some major variable monthly expenses like unforeseen health crises, she’s full of it.

[@mhodge0890]

😂😂 agreed

[@MrsRobinson398]

Maybe if they would start cooking their own meals and coffee, they would be able to save a little

[@madeinbih1]

If you cant manage 100 bucks you cant manage a million

[@Corkfish1]

You want to be rich? Live like you're poor. Amazes me that people smart enough to make that kind of money are so stupid.

[@njm5991]

Drugs cost a lot of money, those poor lost souls.

[@valaquenta220]

These guys have no idea what it's like to be struggling, this is so shameful.

[@BeyondChange]

I'm a Millennial and I make over $80k a year and support a Family of 3. I have zero debt and own everything.

[@josephinebournes8212]

Where do you live?

[@cashprinter5000]

@@josephinebournes8212 probably some asian country.....youre rich if you earn that much that side

[@Lucysil1970]

The people in this video didn’t seem terribly smart to me. You have to save, live frugally and invest in rental properties. Going on lavish vacations, buying Gucci belts and fancy cars is not going to get you there.

[@ladycodedutchess]

If you are in debt why in the hell are you buying a Gucci belt? Smh

[@mariaarriola6329]

Welcome to America imagine getting paid less and making it! I am Bless 🙌🏽🙏🏽mind you I live in NY too!

[@Godsknight]

Yo if you have six figures and you complain about not having enough money. There's something wrong with you

[@onestopcruise]

It's called GREED

[@alextrunov1940]

Young high-tech people in BA are making 300-400k per year and want even more while living in shitty appartments 😎

[@Godsknight]

@@onestopcruise and BS. Probably paid these actors to say this

[@chadwick1037]

We should start a gofundme for these Henry’s so they can finally get that Ferrari or Maserati we know they should be driving

[@ethankeukeu]

😂😂😂😂

[@courtneybrown245]

This was a ridiculous news piece. These people look absurd; they just don’t know how to live within their means. “Oh no I can’t afford to just buy a Gucci belt” is so laughable compared to the people who are facing “oh no I can’t afford to pay my electric bill and eat at the same time”

[@Ek559]

These people want to spend money like millionaires 🙄 🙄 boohoo

[@bakulubakulu3891]

The "American dream" is actually a nightmare.

[@AnnaMorris411]

They have no idea how to be frugal. It makes me think I might be smarter than your average Henry! Lmbo

[@YouEverSeeAFrogKid]

Henry huh? I always thought it was called making ok money, living above your means, being broke because you wanna act fancy, with the hopes of one day being able to actually be fancy.

[@noelstar1456]

‘If you made 100k a year when I was a kid you were loaded.’ Are you implying that the same metric to measure success 20 years ago is no longer applicable today? Wowww... so shocking.

[@prezyandi]

All I'm going to say is, really? The fact there is an actual news story on this has me channeling a inner-Biden, "come on man."#blesstheirhearts

[@jemelmoore7329]

When keeping up with the Jone's go wrong

[@onestopcruise]

Simply put...

[@rockgod2131]

Always goes bad.

[@Ms.MD7]

This is so ridiculous. I make way less and I'm fine. They're definitely living beyond their means.

[@kaywaydiaries8162]

If you’re making six figures a year and you’re living paycheck to paycheck, you are the problem!!!

[@TMM-N]

Stop buying 1. New iphone every year 2. Drinking starbuck daily 3. $7 dollar salad 4. $20 takeout dinner 5. Stop buying frequently high luxurious items. Once every 4 months should be ok 6. Stop drinking out at the club on saturday night

[@mrAZcardinal]

I have tons of sympathy for my fellow millennials who are actually living paycheck to paycheck; driving to work in breaking down cars, one injury away from being unable to pay bills, scraping by with $40 dollar grocery runs, working overtime to survive. Those making six figures would be just fine without their lavish apartments and cars. I have no sympathies for them when they can easily fix their problems.

[@erichouse7720]

Okay, people just need to live within their means. I make 30k a year and I dont live paycheck to paycheck. Infact if I made 50 a year I'd feel like I was making a fortune

[@DeltaSleepy]

These people need some Dave Ramsey in their life

[@veronicaoffidani6629]

💯

[@TheJstroud24]

If you’re making that much money and are living paycheck to paycheck then you’re just terrible with money and life choices lol I really don’t wanna hear people complain about not having luxury items 😂😂😂

[@FuzzyStayBuzzin183]

Really your priorities are messed up learn how to manage your damn money or don't live in a state like Los Angeles when the cost of living is outrageous.

[@untouchable360x]

I live in LA. I can live on $40k year easily and I am a super high earner. These people just spend their money on BS.

[@mstaz1688]

Millennials being Millennials (laughs in Generation X).💀

[@jackhandy4406]

Primadonna's. Overspending and not living within your means. They don't live paycheck to paycheck they live from one stupid expensive idea to the other.

[@igot5onit423]

If I made a $100000 a year I would be able to retire in 6 years.. People are so clueless to how it actually is to live paycheck the paycheck.. When you can't save any money and Are living a frugal lifestyle.. that's pay check to pay check

[@SUGAR_XYLER]

I retired at age 54 and did it on less than 20k !

[@igot5onit423]

@@SUGAR_XYLER respect

[@cyctemp1999]

"Whoah - it cost this much to live?" - Ummmm yeah 💁🏽‍♀️

[@billwade7178]

Ben could cut down on that liquor collection. That will help

[@A22DNAL]

So what you saying is he needs to shop from the bottom shelf on UP!?!?😂

[@manuelperez6241]

Boohoo! Try living under $27,000 and never having any savings.

[@SUGAR_XYLER]

I lived off under 20k and still managed to save half !!

[@ThomasShelby-xz2fk]

100k income and living paycheck to paycheck. That’s NOT on the system, that’s because people in this country are genuinely addicted to spending money on stuff they don’t need. Also we don’t teach personal finance classes in schools (as silly as that sounds)

[@blakrumba]

All those degrees and they didn't learn to do math? They sound entitled and dumb. But hey! Great advert for the "financial planner". 🤣🤣 I like how news these days is just advertisement for third parties 😒

[@a87nomsirrah35]

If I made that much a year, I would live in a van and stack up money

[@poweredbysoul6630]

I’m no financial expert, and I’ll admit I didn’t watch this video (just saw the title and felt compelled to comment)…. And I’m guessing the reason that many of these “60% of millennials” are experiencing this challenge, is because they’re not living below (or at least well within) their means. Although it may be a little less comfortable, i’m finding that it’s best to maintain a lifestyle that is cheaper than what I could afford, and naturally this has lead to my money stretching farther, much more left over to save, and thus not having to live paycheck to paycheck:) Just my two cents.

[@Bsb0830]

Jason Oler@They need to get on the Dave Ramsey diet

[@transphotography]

Key word, “feeling”. Feeling is not “actually” living paycheck to paycheck. These people need a reality check. 🙄

[@RatherPleasent]

I understand the sentiment but it's hard to sympathize when there's people barely scraping by with a quarter or less of their paycheck.

[@alexanderperez2732]

I make 80k and feel I'm living well off with a Roth and 401. and still able to save on the side. 300k and living paycheck to paycheck. That's means you are living beyond your means. But then again my goal is to be financially independent. Others like to travel all the time or buy nice things. You choose your lifestyle

[@user-cj7dv2kc6d]

Join the club. Millenials think they are the only ones who struggle. Its called life choices. Deal with it.

[@deonambrose]

If you make 6 figures and still feel like you're struggling, either you're bad at managing money or you live in a very big city.

[@cmac3764]

This lady is NOT on here whining about a combined income of $300,000 and a measly $10,000 tax Bill! So, if you owe that in taxes...why? Also, how much did you earn for that tax amount?? Girl, sit down and shut up!

[@Gioli565]

A $10,000 bill making $300k oh God, someone help them 🙄

[@pamelacode491]

Funniest thing about this segment is they all probably got paid to be in it

[@jennysmith5649]

I dont get it. My son is a millennial entrepreneur making $200,000 a year and he's got a new Tesla and lives in luxury apts $4,000 a year , travels to different countries, and has tons of money in savings and donates money.

[@almalizeth8456]

MORAL OF THE STORY: “The more you make, the more you spend!”

[@riceandbeans2019]

Anyone who makes 300 plus and thinks a 10k tax bill from 6 years ago is what's holding them back from being rich doesn't understand the game.

[@josephinebournes8212]

Exactly, I could pay that bill off in 2 months.

[@ruderuntz9268]

Living far above their means. I haven't taken a vacation in 6 years. I make 50k a year have a home and don't feel like I live paycheck to paycheck.

[@AN-jz3px]

Im 38, make 120K a year and have 3.6 million invested. I am quite comfortable and live very regularly. I also don’t have student debt, who the F would pay for that?! People expect and don’t want to suffer.

[@trevethan82319841]

Anyone who makes six figures it says that the living paycheck-to-paycheck they're probably paying way too much for the home in taxes they need to stop bitching

[@Since-tw7mq]

High earner, not responsible yet....is more like it.

[@HabibTheHeeb]

I'm literally living in a box in the hood and they think their living paycheck to paycheck?? Wtf if wrong with the world.

[@jerelle_]

If you feel like you are living paycheck to paycheck and you make six figures,,, that’s your spending habits

[@jitlv]

I make $87,500 a year and I'm doing just fine. What's going on with these people living paycheck to paycheck on a six-figure income?