Living paycheck to paycheck is disturbingly common: ‘I see no way out.’ – The Washington Post

I understand this issue better than many. I’ve been forced to live paycheck-to-paycheck for more than a few years now. 15 years ago, I was able to save a decent amount of money every month, but not since. Pay scales haven’t kept up with inflation, and rampant ageism has resulted in a 30%+ reduction in my monthly income since last June.

Now I’m worried that my current employer is planning to eliminate most of their American employees, in a desperate effort to improve profits by reducing employee costs. The executives seem to desire lower expenses at the cost of more and longer outages. They’ve tried this tactic before, and been embarrassed in response, because the cheapest Indian Contract firms never turns out to be actually cheaper than hiring smart Americans.

I’m still searching for a better job, regardless of the fact that I just got hired full time at my currently employer. I cannot trust them, long term, and they haven’t even tried to convince me otherwise.

The struggle is everywhere.

Source: Living paycheck to paycheck is disturbingly common: ‘I see no way out.’ – The Washington Post