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Even households earning $150,000 a year are struggling with credit card and car payments (www.cbsnews.com)
submitted 3 days ago* (last edited 3 days ago) by miss_demeanour@lemmy.dbzer0.com to c/fuckcars@lemmy.world
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cross-posted from: https://lemmy.world/post/33704049

Wanted to add, "Fuck Cars!!"

Car payments for decades of one's life are not the way to go.

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[-] psx_crab@lemmy.zip 13 points 3 days ago

About 38% of all new jobs created in the five years before the pandemic paid above-average wages, VantageScore's data shows. But this year that share has fallen to 7%, signaling that companies are creating fewer white-collar positions. That poses a challenge to higher-income Americans who suffer a job loss because it may be tougher to find new employment than in previous years.

I feels like this is very important as it actually the reason why they're struggling on repayment, because technically they aren't making 150k per year but 0 per year.

But the financial management criticism still sound.

this post was submitted on 30 Jul 2025
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Fuck Cars

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