Paycheck to Paycheck

in #life7 years ago

Almost 80 % of the people in the U.S. live paycheck to paycheck. Most have very little savings. The social economic system is teetering on massive bankruptcy. The U.S. economy is dependent on consumer spending. The future looks dismal for the average citizen. B40D65E0-BD64-4141-A2D5-AD07DDCBD373.jpeg

Crypto currencies are irrelevant to most people. If they are struggling to reach the end of the month, they cannot consider investments in this new fantasy world.

Survival for the masses will require governmental assistance. If the government cannot help there will be violence in the cities.

Steemit is the only option I am aware of that allows people to earn crypto value. There is an alternative to social collapse.

The world needs an alternative income source. The end of the month keeps coming. Inflation will make reaching it more difficult.

Here is today’s beauty.

EBE10D93-B135-4737-9356-C46E21E00D57.jpeg

Sort:  

I agree! Steemit is an option for people who are in the edge financially so to speak. It’s also a great place for investors who want to invest in their future web presence. I believe Steemit will become a top site for trustworthy content and reputation! Thanks for the post!

Steemit might be the only alternative.
and I GOT it.
it pays the rent...and lets me do other stuff I'd not be able to do without it.

I think we are bankrupt. The debt of this country can never be repaid and is only growing higher every year. There once was a debt limit but there no longer is. I see hard times coming for all. Enjoy what you have now.

Spot on, bitter fact to swallow.
Many resorted to Steemit, when it seems like all hope is lost.

I want to success, so i must survive
Good motivation @doctorjohn

The last thing we need is more dependence on the government IMO.

There truth in the old saying; give a man a fish and he will eat for a day, teach him to fish and he will eat for a lifetime. Government handouts do nothing to help elevate people. Instead they enslave people to the government.

Where I think the government could really help people would be to offer free or subsidized tech training programs. Invest in people and help them grow their skill sets. At the same time make financial responsibility classes part of the program and teach people how to budget with the money they have.

Far to many people live paycheck to paycheck because they have absolutely no idea how to set a budget based on the income they earn. I know people who earn $100k a year that have filed bankruptcy. Give me a break, you make $100k a year and can't figure out how to pay your bills.

Yes. I am agree with you.

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 55994.69
ETH 2375.77
USDT 1.00
SBD 2.31