Well it depends on your definition of “OK” and it’s a matter of perspective.
If someone views themselves as financially “OK” because they can make it in to the next month with at least as much money as they started, even if that amount is £0, then they’re OK.
Whatever you read in to the statistic, the implication is that 27% aren’t OK and that is absolutely terrible.
I call absolute bullshit. There is no way that could possibly be representative.
Well it depends on your definition of “OK” and it’s a matter of perspective.
If someone views themselves as financially “OK” because they can make it in to the next month with at least as much money as they started, even if that amount is £0, then they’re OK.
Whatever you read in to the statistic, the implication is that 27% aren’t OK and that is absolutely terrible.
Being “ok” is a subjective take for many reasons.
Being “paycheck to paycheck” is objective and easy to formulate an observation.
The two only have to interconnect through subject matter, not in measure.