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Nearly all of us could use some extra cash.

So many of us, even those with full-time jobs, are looking for ways to make a little extra money. It’s vital not only for these challenging economic times, but it’s also a huge factor in creating real financial freedom. This is certainly something most millionaires have figured out.

But it can be hard to figure out what that side hustle could be. It's even harder still to know whether or not the effort we put in will pay off in dividends. Many of us have a distorted concept of “passive income,” thinking that the side hustle we choose will require zero effort at some point. Unfortunately, other than investing, that’s not entirely true.

However, there are definitely ways to drum up side hustles that make sense with your lifestyle, that draw on your own interests, skills, and values, and truly add to your life, whether they be through acts of service, reselling items online, or creating new items (be they artistic or practical).

You can see this reflected in the answers given when someone on Reddit recently asked, “What’s something you do on the side that makes real extra money?” This OP added that they were hoping to raise an extra $2000 a month, and people were quick to be candid about how doable that really is. As someone pointed out, "$2K/mo is really more like a second job than a side gig" in terms of how much time and effort is needed.

Still, there are some pretty unique and time efficient ideas below, like private baseball coaching and being an elderly companion, that could get someone close to $500 a week.


Here are some of our favorite responses:


1. "I sell rare house plants on the side. "

"If I want some money for a spa or date night, I’ll just chop and propagate some plants for an easy $300-$500…Rare alocasias, monsteras, and anthuriums. There are a ton of people who collect, trade, etc. It’s my hobby, which has made it so easy to turn into a side hustle. Best part is it’s all cash."

side hustles, side gigs, side hustle ideas, side gig ideas, high paying side gigs, best side gigs A woman selling plants.Photo credit: Canva

2. "Election work."

"Literally in 14 days this year, I'll gross $6,900. Long days, easy peasy work."

3. "I host bar trivia."

"It's usually three hours a night, and it makes me about $150 a night (plus tips). I'm actually trying to make this my full-time job; I enjoy it so much. It's not hard to buy trivia games or hook up with an existing company. I am independent and write my own games that I try to sell on the side."

4. "I have a kettle corn pop-up."

"I do fairs, festivals, pumpkin patches, and can turn $300 of product and space rent into $6k+ sales in a day. Some states require [a food or vendor license] but in my popcorn is exempt from licensing because of its very low risk for foodborne illness."

5. "Landscaping."

"Cash under the table, you dictate how many jobs you want to take on, and you can focus on one specific neighborhood to limit gas mileage. A mower, trimmer, blower, and small trailer will all pay themselves off in three weeks. It’ll beat you up a little, but it’s rewarding work. It’s also extremely straightforward. As long as you do what you’re supposed to do, the customer will be happy. Don't target people with complex yards. Drive through the neighborhood and find someone who's obviously over a month behind on mowing their lawn. Knock and offer to do it for $40. Tell them you'll come back every two weeks if that works for them. Get to a point where you've got 10 or so yards on rotation and you can knock them out in a day. $400 for a day's work every two weeks, under the table. Do more or less depending on how much or little you want to make."

side hustles, side gigs, side hustle ideas, side gig ideas, high paying side gigs, best side gigs A man trimming bushesPhoto credit: Canva

6. "I used to flip furniture on Craigslist and Facebook Marketplace.

"I did have to invest in a small trailer and a good cleaner. But I would get free or cheap furniture. Clean it and spruce it up. Sell it for a couple hundred bucks. Mostly couches."

7. "I make cosplay props for people."

I use my personal social media, and I have a commissions page on Ko-Fi. People will see what I usually make and ask me if I am able to make a certain prop. I will then make an agreement with the customer before starting the work."

8. "I put up and take down Christmas lights on weekends and evenings from October to January."

"$24k a season is very doable, but you gotta be able to haul and carry ladders, confidently and safely climb up and down ladders, and be OK with working in the wind and rain in the coldest part of the year. It isn’t glamorous, but it can be a nice chunk of extra money."

9. “If you're even a little handy, you can make good money as a handyman in elderly neighborhoods."

"My dad started out just helping neighbors with hanging curtains, painting bathrooms, etc... after about a year he was busy enough to quit his full time job and just work for himself. You don't need a lot of tools or an expensive truck, but if you can operate a drill, swing a brush, and are good with old people - there's good paying work out there for you.”

10. "I work as an ad model."

"All kinds of ads. Internet, TV, print. Work is sporadic and irregular, which means you'd better have solid income from a main source. But a little $500-$800 check from time to time sure comes in handy. "Generally, one can set up an account for a small annual fee on places like castingnetworks.com or actorsaccess.com. Specifically, it would be better if you would connect with a local talent/modeling agency. They will also ask you to sign up for a talent website, and you’re going to need professional photos. Spend money on THAT, for sure. Good photos are critical!"

side hustles, side gigs, side hustle ideas, side gig ideas, high paying side gigs, best side gigs Two models posing.Photo credit: Canva

11. "I did Rover for three years, boarding dogs in my home."

"I made $11k a year consistently. Month to month could vary widely, $0-$2k, but I always finished the year the same. But you really should have some experience and be an actual responsible person, because dogs are living beings and deserve proper care. You also need to account for things like Rover fees (20%), taxes, insurance, supplies, and licensing laws. You will end up working all holidays because that's the busiest season for dog sitting, and you'll need to commit your schedule months in advance."

12. “Over ten years ago I started my own hummus business."

"Took a bit to get started but once I was accepted to different farmer’s markets, I made pretty good dough. But omg setting up a tent and tables at 5:30am on weekends was not fun after a couple of years. It was called Bean There, Done That and I had tons of creative flavors (and punny names).”

13. "I started a YouTube channel a few years ago, and now it’s actually pulling in between $1,500 and $3,000 a month!"

"It’s nuts!!! It was just a hobby. I talk about tech stuff. I review computers, network-attached storage systems, and occasionally a tech company I follow pretty closely. My channel name is the same as my Reddit name. It did take several years before money started flowing, but now it's a pretty great side hustle because it's something I would do for free anyway."

side hustles, side gigs, side hustle ideas, side gig ideas, high paying side gigs, best side gigs A Youtuber creating contentPhoto credit: Canva

14. "I participate in focus groups and research studies."

They're a pretty cool way to spend a couple of hours, and they usually pay $150-$250 a pop. I do this with several research companies in my area because most of them only let you participate once every few months. So, if you keep filling out questionnaires and screeners with various research companies, you can rotate through them and get picked more often. Using this method, I participate in one or two studies per month. I've actually been grinding hard on applying for research studies for the last few months to pay off my credit card debt. Been making some pretty good progress!"

15. "Deliver pizza for a local place under the table."

"You can do pretty good Friday night through Sunday."

16. "My very first month of donating plasma, I made $900."

"Paid for my three-and-a-half week road trip last summer to Canada. I only do it once a week now because the center closest to me changed their hours, so I get $40 a week instead of my usual $100, but that’s still an extra $160 a month I put back into savings that doesn’t have to come out of my normal paychecks, it’s just extra. So that’s nice. I do miss the $400 months, though."

side hustles, side gigs, side hustle ideas, side gig ideas, high paying side gigs, best side gigs A handy man coming in for repairsPhoto credit: Canva

17. "None of these enterprises have made me two thousand a month individually, but all of them combined have equaled that over many months of production."

"Edible mushrooms. Microgreens. Composting worms. Compost. Vegetable plant starts. Cloned fruit trees. I've been doing these for years, and I sell directly to consumers, no restaurants or middlemen."

18. "I make about $120/hr coaching baseball lessons."

"I’ll spend a weekend with 10 lessons coaching middle school to college athletes. I also charge $75/month to program throwing/pitching training. This can be 10-30 pitchers a session, ranging from high school to professional. It’s about 5-15 extra hours a week."

19. "I used to sell my artwork online, it was a good $15,000 to $20,000 a year."

20. "I work freelance in the arts."

"I’ve done a decent job advertising my own business and have developed a side hustle doing social media marketing for other small businesses. Writing posts, finding imagery, and scheduling the posts in advance. The amount of actual work varies from month to month, but the retainer fee does not, and it’s made my life much easier and more predictable."

21. "I started a cleaning business."

"It was very easy, and I did it on Saturday afternoons. I just posted my contact info, services, and prices to local online communities. I worked for a young, wealthy couple cleaning a condo two to three times a month. I got around $600 extra per month for just a general cleaning. I also now include move-out cleans, which can get me $400-$600 per job. It's not huge cash, but it helped me kick a car note down from $24k to $16k. And that was with one client."

side hustles, side gigs, side hustle ideas, side gig ideas, high paying side gigs, best side gigs A cleaning teamPhoto credit: Canva

22. "During the winter, I sell 3D-printed ornaments and make between $100 and $300 a week for the first two to three weeks of December."

"I specifically target the last-minute crowd and get most of my work through word of mouth. Production cost per ornament is $1.04. It takes me under an hour to make/edit the model, and then it takes 5-8 hours to print, but that can be done while I'm sleeping. I charge between $15 and $25 for an ornament. Last year, I also started selling name ornaments for $5 a pop, but they take under two hours to edit and print, so they're easy to make in large batches. These customers also tend to message me throughout the year, so I make around $600 during the Christmas season and $20-$100 other months. So kinda $20 here and there with a big yearly payout."

23. "Real estate Photography."

"It's usually $150 per house, $300 if it's a large property, and I need to use a drone. It takes about an hour to shoot and less than an hour to edit. I usually do two to three houses throughout the week. I'll stop on my way home from work, then on Saturday, I can group appointments by location. My busiest Saturday was seven houses. It's really easy. You just need a camera capable of HDR and a lens with a wide angle. I use a Nikon 16-24mm and a tripod."

24. “I do side work car repairs."

"And by repairs I mean mostly just brakes. To get 4 brakes and rotors done at a shop today is typically around $1000 or more, because they up-charge parts and labor. I am able to do it for people for around $600. I charge $300-400 in labor (for 2 hours of work), and the parts just cost what they cost. So I save people a few hundred dollars and I make a few hundred myself. Sometimes I do one of these a month. Sometimes I do a few of them. I would like to get one a week, cause then I could legit get an extra $300 a week.”

This article originally appeared in June

Image via Canva

Boomers and Gen Xers share financial advice for making it through hard economic times.

Surviving hard economic times builds grit and character, and almost every generation has had to deal with difficult financial challenges. Two generations who are especially equipped to offer their wisdom about weathering through tough times, though, are Boomers and Gen Xers.

In a Reddit forum, member @Fit_Trifle2469 posed the question to followers: "Dear Boomers and Gen X: What got you through tough economic times?"

They followed up with more explanation behind the prompt. "Millennial here (33). I wanted to reach out and hear from those of you who’ve lived through major recessions, such as 2000 and 2008," they wrote. "I'm really interested in your perspective — not just for myself, but for others who might stumble across this thread someday when times get rough again."

Boomers and Gen Xers who have been through difficult financial times and hardships opened up to share their wisdom. These are some of their best pieces of advice for tough economic times.

penny pinch, save, money advice, saving, count money Money Management GIF by Robert E Blackmon Giphy

"When I graduated HS in 1981, unemployment was 10 percent and mortgages were 17 percent. Inflation was 8 percent. I had no job and couldn't find one. That's when my step-father threw me out. I was going to be homeless so I joined the Army. It was one day at a time, one foot in front of the other and I marched on. What else can you do? Eventually things got better. Much, much better." —@Distwalker

"Perseverance. One of our best traits." —@SharonWit

"Downsize everything ......phone...phone plan.... car.... cook food at home .....pack a lunch for work....debt consolidation and make that one payment........no credit card usage..... entertainment was checking out free library books and reading them......thrift store shopping......trade/barter services and items on craigslist." —@Express-Rutabega-105

meal prep, prep meals, food prep, cheap meals, food savings GIF by NRDC Giphy

"Don’t waste any food - plan meals accordingly so as not to waste anything, buy discounted meat, bread, fruit and veg. All meat gets cut up for meals so it can last longer - nobody gets a steak for themselves, one cheap, marinated steak cut into strips and added to rice and veggies for 3-4 meals. Eggs (they’re still cheap where I live) and a 50lb bag of potatoes are your new best friends unless you like pasta then you are much easier to feed. Get condiment packets from restaurants -my partner made an order and forgot to grab ketchup etc. I don’t miss being poor but I can still feed the fam relatively well on a very, very tight budget." —@drivingthelittles

"Living as cheap as possible out of sheer spite."—@OldLadyMorgendorffer

"I'll be adding to this list with edits as my brain dump continues:

  1. Everyone will lie to your face brazenly about layoffs - don't believe anyone when they say things are fine. The more they say everything is fine, the worse it actually is.
  2. Understand when your industry is getting f@cked and start developing alternatives or fallback options early, not AFTER you get laid off. (Software engineers right now should have realized a year ago at least their industry was getting screwed, as a specific example)
  3. Know the impact of systemic shifts (outsourcing and drive to the internet previously, AI now) and how you can counteract those as best possible, move to a role that isn't as likely to be clobbered as hard.
  4. Learn to cook healthy meals on the cheap - take out is $, but so is eating like sh!t. You can cook en-masse on Sunday and freeze for the week, but work on a plan to move to "high efficiency meal planning".
  5. Reduce your systemic expenses - if you've had "lifestyle creep" ratchet that crap back before you are in the crosshairs financially.
  6. Do your planned maintenance of stuff - now now now, later is NOT going to be better. If it's due, get it done." —@GreatResetBet

rolling stones, cant always get what you want, mick jagger, rolling stones gif, jagger the rolling stones GIF Giphy

"Live within your means. Avoid debt. Don’t worry about keeping up with the Jones. Focus on your partner. We in our mid 60s, lived through tough times and even though we didn’t have the income to support it, put both their children through private high school at their request. Money was tight, but there’s a lot of ways to enjoy life that don’t include having a lot of money. Remember the line from the Rolling Stones: 'you can’t always get what you want, but if you try, sometimes, you get what you need'." —@ethanrotman
"Save during the good times. During the ‘08 crash, we had several friends who lost their homes to foreclosure. These were all hardworking people. We had been very good about saving and living below our means. The rainy day fund helped tremendously. They say, pay yourself first. I know it can be difficult but even 50/week will grow over time." —@joysheart

potluck, potluck dinner, potlucks, potluck meal, potluck meals Pot Luck GIF by Partiful Giphy

"Do everything to keep a job, when the recession hits if you at least have a job you can pay the bills. Stop buying things except for food and must haves. Do you really need a lot of cleaning supplies? Makeup? Clothes? Dinner out? No. Cook your own food, learn to enjoy the outdoors, have pot luck dinners with friends." —@eatmore-plants
"It's honestly just lowering expectations and cutting out all but necessary expenses and shopping sales. We're still in our starter home because of the housing collapse. We were underwater for years and then the kids started school. It's about appreciating the little things." —@whatevertoad

grit, understanding, hard work, perspective, resilient Robert Redford Yes GIF by GritTV Giphy

"The things that get you through tough times emotionally are your social network, keeping perspective, and your own personal grit. The things that get you through tough times financially are things like keeping your living expenses relatively low, living below your means, putting money away for hard times, and keeping up your job skills and professional networks." —@Shot-Artichoke-4106
"We got hit hard in both recessions and it was really hard to rebound because we were young and not well-established. We made it through by living as frugally as possible and avoiding 'lifestyle creep.' Also, one thing we got in a habit of doing was every year when we got our income tax refund (back when we still got refunds), we’d pay our car insurance in full for the year, put some in the kids’ college accounts, and put the rest in our house down payment fund." —@Mammoth-Ad-4806
Internet

Growing up poor can make you grateful for little things others take for granted

Even years after gaining financial stability, being able to afford "small luxuries" still feels surreal.

Fresh flowers are a huge splurge for many people.

People who grow up with financial stability—not necessarily wealthy or well-off, just financially comfortable—may not have any clue what it's like to truly worry about money. Not being able to afford everything you want is vastly different from not being able to afford everything you need, and those in the latter category have experiences and relationships with money that are unique to being poor.

In fact, as a thread on X shows growing up poor can create a lifelong perspective on spending money that ultimately leads to gratitude for things others often take for granted. A post asked people who grew up poor but are now financially stable to share small luxuries that still feel surreal, and the answers are eye-opening. Those who didn't grow up poor might expect answers like "being able to buy name brand shoes" or "being able to afford a concert ticket," but the "small luxuries" are a lot less luxurious than that.

"Real food storage containers, not the used margarine and cool whip tubs!" shared one person. While some people might choose to recycle food containers that way for environmental reasons, storing food in recycled plastic containers that aren't meant for that purpose can be unhealthy. Having a set of dedicated food storage containers is a big deal.

Another response was "Just having bills on autopay." People who aren't struggling to make ends meet each month can put their bills on autopay and not worry about whether the money to pay them will be in the account on the withdrawal date. People who are struggling often have to carefully track and and manage dates and amounts so as to not overdraw their account, which leads to more fees.

Many people talked about having a reliable car:

"Having a reliable car. AC works. Tires are good and under a warranty. Seats are heated or cooled front and back. Steering wheel is heated. With a remote start so it can be warmed up or cooled off by the time I get to it. And if something does go wrong AAA will come and save me."

"Affording safe tires and vehicle repairs."

"Running AC in my car without worrying about the car overheating. When I was a kid, our cars would overheat and we had to blast the heater in the middle of summer to cool it down."

And simply filling up the gas tank? Priceless.

getting gas, gas pump, gas station, car, luxury Filling your tank with gas feels like a luxury for many. Giphy GIF by Andrew W. K.

"Just pulling up to a gas pump and allowing the fuel to pump as I go in and buy a drink, all while not calculating how that will impact my month!"

"Getting a full tank of gas. My mom would get $3 at a time. I didn’t understand as a child. As an adult, I always fill up the tank. That’s a privilege."

"Being able to fill my gas tank instead of wondering how far my $10 in change would actually get me."

"Filling up the gas tank without doing math first feels rich when you grew up in a '$4 on pump 3' household."

Another luxury? Prescription sunglasses.

"Every time I put them on I'm like 'Ahhh I made it.'" wrote one person.

"I’ve had thick prescriptions since I was a kid. Never had sunglasses until well into adulthood," another share. "It’s a good feeling."

Many people shared that being able to go out to eat at a restaurant and not having to order the cheapest thing on the menu still tickles them. But perhaps the most repeated answer was about grocery shopping without calculating your way through it.

"The most common response, and also my answer, is grocery shopping without checking the prices and being able to purchase 'options.' Growing up, we had about a five year period where every meal was rice and beans or whatever we had canned from the garden harvest from the previous fall."

"Biggest thing for me is shopping for food and not really worrying about the prices. Buying my Ribeyes and coming home to enjoy cooking them in my nice whole set of iron skillets, being able to curl up in beautiful blankets, watch TV, sit in my porch rocking chair, it's the peace."

grocery shopping, food budget, buying groceries, money, luxuries Grocery shopping is more enjoyable than stressful when you're not having to calculate every penny.Photo credit: Canva

"Grocery shopping with no set budget. Still feels great after 40 years."

"Going to the grocery store without using a calculator the whole time."

Other things like buying fresh flowers, ordering an appetizer, having a refrigerator in the garage, or not having to stress about home repairs were mentioned, all of which drove home the point: When you grow up poor, you gain an appreciation for little things that people with means just consider normal living.

money, wallet, spending, cash, financial stability, finances Opening your wallet without worry is a small luxury.Photo credit: Canva

As one person wrote:

"It’s not the designer clothes. It’s walking into a room and not hearing debt breathing down your neck. It’s opening the fridge and not seeing struggle staring back. It’s buying two of something just because you f-ing can. People born rich will never understand the godlike power of:

- Filling your gas tank without checking your bank app

- Buying your mom that thing she never asked for

- Ordering food without scanning the right side of the menu

- Sleeping without fear gnawing at your chest."

No one should have to understand the fear that comes with being poor, especially children, but the one silver lining of growing up in financial struggle is the wonder and gratitude that sticks with you when you're finally able to let that fear go.

Family

'Thrown into adulthood without a map': Americans share why they live paycheck to paycheck

"Lord help you if you don’t have dental insurance and need root canals."

A woman and her husband doing their bills.

It’s a little tricky to determine how many Americans live paycheck to paycheck because the term is vague. Some people, who have plenty of money in savings, say they live paycheck to paycheck because they spend all of their money before their next check arrives. However, they make ample contributions to their savings accounts and are in good financial shape. Others genuinely spend every dime they make and have very little savings to deal with an emergency.

How many Americans live paycheck to paycheck?

The Federal Reserve found that 54% of Americans have emergency savings to cover three months of expenses, and Bankrate found that, while 59% of Americans are uncomfortable with their level of emergency savings, 34% are living paycheck to paycheck. According to CNN, the paycheck-to-paycheck problem isn’t getting any better. The drastic increase in the cost of living since the pandemic has a growing number of people living paycheck to paycheck.

A Reddit user recently tried to understand why so many people in the wealthiest country on Earth are financially stretched thin.

broke, bills, paycheck to paycheck, scared woman, finances, american lifeA couple who needs financial help. via Canva/Photos

Why are Americans living paycheck to paycheck?

“At first glance, it seems obvious: people just don’t make enough money, right? But the more I read and the more conversations I had, the more I realized that income is only one piece of a much bigger puzzle,” they wrote. “For a lot of Americans, the real issue is a mix of rising living costs, debt, and—most importantly—a lack of financial education. Most of us aren’t taught how to manage money. We don’t learn how to budget, save, plan for emergencies, or even think long term. Schools rarely touch on it, and if our families didn’t model strong financial habits, we’re basically thrown into adulthood without a map. So people just figure it out as they go — often by trial and error. And when that ‘error’ is maxing out a credit card or missing rent, the consequences are heavy.”

Over 1,100 people shared why they’ve lived paycheck to paycheck. It’s sad to see so many people struggling, but it paints a clear picture of a complex problem. We collected 13 of the best responses to the question: “What is the main cause of Americans living paycheck to paycheck?”

13 reasons why Americans are living paycheck to paycheck

1. One emergency to the next

"Bills. Lord help you if you don’t have dental insurance and need root canals. Which will always be followed by car repairs or home maintenance. There goes the emergency savings account."

"THIS !!! I was just starting to feel good! Caught up on bills, saving for emergencies, finally contributing to my retirement then a random light flashes on my Car dashboard. There goes all the emergency money I built up ………sigh it’s just always something."

2. Scarcity mindset

"For me it is largely scarcity mindset from a childhood of poverty. I learned that money doesn't stick around. If you have $100 then you need to spend it on what it needs to go to or something else will 'eat it.' Some fee, or unexpected cost will always be around the corner, and there is never enough money to do everything, so spending us constantly triage."

"This is 100% the difference in the mindset of poor people and rich people. Poor people think of money as just something to spend. Rich people think of it as something to accumulate and put to work for themselves."

broke, bills, paycheck to paycheck, scared woman, finances, american lifeA couple looking at bills/via Canva/Photos

3. The system sets people up

"The overall system sets people up for becoming interest and profit generators for wealth holders of all kinds. The power is completely lopsided, and the rules are set up to deliberately turn customers into cash machines. Regular folks aren't equipped to protect themselves from it, thanks to taboos around talking openly about money and finances as well as the finance industry's slick bait, hook, and land tactics."

4. Car payments

"Sooo many people buying waaaaay too much car. Everyone needs a huge luxury SUV for their three-person family, apparently. Or a giant truck because they're towing once a year. What makes it even worse is that those more expensive cars have more expensive maintenance and repairs and tires and gas bills. You also see people do this with houses. So many posts from people trying to justify buying a much larger house than they need and trying to make the financials with. 'How much house can I afford?' instead of 'how much house do it really need?'"

5. The rent is too high

"Rent has gone thru the roof and in order to get approved to live anywhere or buy your own home, you need to make 3x the rent. The grocery list that would cost you $50 5 years ago now costs you $100. God forbid you have a medical problem."

"I was going to say it's primarily rent and groceries for a lot of folks. Rent is really high a lot of places for pretty basic dwellings."

broke, bills, paycheck to paycheck, scared woman, finances, american lifeA woman who has run out of money.via Canva/Photos

6. Paycheck to paycheck is a broad term

"Because there is no standard definition of paycheck to paycheck. A lot of people who live 'paycheck to paycheck' have a ton of deductions for things like 401k and IRA along with spending on non essentials like expensive car payments, private schools, etc."

"This is a good point. I considered myself 'paycheck to paycheck' because (and I'm working on changing this) I literally get my account to 0 before each paycheck. Yes, that's after 401k, savings, paying off debt, and other luxuries like getting my nails done and steaming services. But you make a good point that if I locked in and cut all "extra" I would not be paycheck to paycheck in the slightest. Compared to growing up where when my mom paid most of the bills, we would have like $3 left for anything else. That's paycheck to paycheck."

7. Constant emergencies

"If emergency items stopped happening, I could actually save something. Medical bills, dental bills, car repairs, home repairs, just when we get a bit saved it goes to something else."

"Every. Single. Time. And it’s always the exact amount that I have in my savings."

broke, bills, paycheck to paycheck, scared woman, finances, american life, purseA woman who has no money.via Canva/Photos

8. Healthcare costs

"For me it’s healthcare that makes me live paycheck to paycheck. I have had two random emergency surgeries in the last 3 years. With a 10k deductible on my health insurance I’m 20k in debt and having to make $400 payments per month on it on top of my $490 a month premium. Before that first surgery I was debt free and doing ok. I have now accumulated about $5000 on a card too just trying to keep up with bills."

"I paid 20% of my take home pay for insurance. Then I pay another 10 to 20% for medical expenses to keep my disabled husband alive. So 1/3 of my income goes towards medical expenses. That's the problem and I can't do anything about it. I have super premium insurance at my job which pays terribly. If I got another job, it might not cover some of the things my husband needs or I might have to work so much that I would have to pay a caregiver."

9. Cost of living is too high

"Never being in a position where you are ahead of all the bills. A person makes $30 an hour, works 20-30 hours of overtime, had a $600-1000 car payment, rent is probably $1500-2000 per mo., electricity bill $140 per mo. month, car insurance $120 per mo. Gas $140 per mo. Phone bill $150 per mo. Food $500-1000 per mo."

10. Living high on the hog

"I’ll take a differing take here then a lot of comments and agree with OP that financial habits are often very poor. I work in a field that has a lot of pretty high income earners in a MCOL city (>80k starting).

"I see a ton of people who complain about being broke that do a lot of the following
  • Order out, especially with apps like DoorDash becoming ubiquitous, they are a massive cost and are well hidden enough that people miss it. Like upping the price of the menu items, most people don’t know the price of the food if you ordered in the restaurant.
  • Cars, both too much car, but also frequently trading vehicles in. Cars have gotten a lot better in the past decade but there is no way I’m trading in my vehicle when it’s paid off, as long as it’s reliable. Safety features would be nice, but not at that significant of a net worth hit.
  • Not putting away money for retirement, even with company matches. Company matches are a huge free return on your investments. Paying more now means paying much less later.
  • General luxuries, I had a coworker state she didn’t match her 401k because she couldn’t afford it, but later said she had very very expensive kitchenware. Lifestyle creep is real, and we are all susceptible to it.
There is a large element to the economy that is completely out of one’s control, but to take all personal responsibility out of the equation misses a big chunk of why we are in such a massive boom and bust with personal debt."

broke, bills, paycheck to paycheck, scared woman, finances, american life, coupleA couple arguing over money.via Canva/Photos

11. Starbucks

"I know you’re being half-hyperbolic, but I had a coworker who spent well over $100 on Starbucks in the morning and takeout/delivery for lunch every week. She was always complaining about money being tight. I’m not a cheapskate by any means, but I’m sure as hell not spending nearly $20 for some shitty meal from Panera delivered by DoorDash when I can pack my own lunch for like $3."

12. Consumerism

"My opinion as an outsider who moved here two years ago from the UK. Seems like money and work work work seems to be the focal point and consumerism is HUGE out here with a lot of waste. Maybe it's the social circle I'm in but it seems like people also spend silly throwing more than what they can afford on loans and cars etc."

13. Daycare

"For me, it is a daycare costs. We have to pay $720 a week for 2 kids in a standard daycare. We did not live paycheck to paycheck before having kids."