Covid-19 Taught Americans How to Let Go of Their Steady Paychecks

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From paycheck to no paycheck: More working Americans find ways to go without the security of being on someone else's payroll

“I realized, this is doable if I cut down my expenses a bit,” he says.

“The mortgage-lending platform historically views self-employed borrowers as more complicated borrowers and potentially less successful borrowers, just because of the nature of self-employed income,” he said. The American workforce is rapidly changing. In August, 4.3 million workers quit their jobs, part of what many are calling “the Great Resignation.” Here’s a look into where the workers are going and why. Photo illustration: Liz Ornitz/WSJ

One worker who plans to go without any paycheck starting at the end of May is Landon Taylor, a middle-school teacher in Denton, Texas. He decided to resign when the school year ends and take a one-year break.Savings amassed by Mr. Taylor and his wife—along with several hundred dollars Mr. Taylor earns each month leading a local band and helping a friend with weekend tree-trimming jobs—should be enough to sustain their family for the year, he said.

“We’ve had a lot of people who think ‘I can make either a full shift to working as a freelancer or I might be having a little extra time because I don’t have to commute—I’m going to try to take my skills and apply them in a part-time way,’” Mr. Faustman says. She then adapted her life to a smaller income. She cooks at home, only subscribes to one streaming service and does her own hair and nails. On Fridays, she will Google “free stuff to do near me this weekend” and may go on local hikes or visit a free museum exhibit. She can’t afford to eat out as much as she is used to but she said the trade-off is worth it.Abby Regan, 42, also made sacrifices after starting a part-time, in-home physical therapy business.

 

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Never underestimate a slacker to leach off of others.

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The question is not whet

Working class stop being the support system to the wealthy, especially the younger generation like myself.

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What is the meaning of publishing that nonsense 5 million people die from climate crisis per year!

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