Or starvation stories. Either will be interesting
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Why are people living above their means. No one told spend your money on crazy trip and vacation homes Martha vineyard.
@293 your are 100% correct there.
I know a few people struggling and borderlining bankruptcy.
One of them is in Denver and they are staying with TIAA until the very end since their expected severance is large enough to really help them versus trying to find a new job right now. I don’t know how much or how long (maybe 26 weeks?) but other companies still don’t pay as well as TIAA especially when you factor in bonus, benefits and retirement plans.
The others aren’t so lucky in other cities especially in this job market.
@246 Cost of living outpacing your salary year after year (gas, insurance, food, adjustable mortgage) then someone leverages credit to fill the void if they were living on the bare minimum thinking a company would take care of them in the future. I can see it happening to some. I would be looking for another job, but not everyone thinks the same way. Don't be so judgemental.
Bankruptcy due to no raise? lol! Bankruptcy occurs because you have a spending problem, not an earnings problem. Maybe this is why TIAA is struggling…financial services employees claiming no raise drives them to bankruptcy. Good grief folks
@b4 all the raise money is going to pay "T"s $18,000,000 compensation
Know a few folks that took on second jobs or side gigs to get by. Know some others that took a loan from their retirement plans at TIAA to get by.
I am not sure I would use the word “interesting”. It actually is quite sad to have to associates resort to either of those options or other things to make it through to the next paycheck because of lack of raises, COL increases, inflation, as well as higher prices for many goods with tariffs these days.