The parent mentioned Paycheck To Paycheck. Many people, including non-native speakers, may be unfamiliar with this word. Here is the definition^{(In beta, be kind):}

A common phrase which depicts that anindividual must pay off all financial obligations with his present earnings from the current pay cycle, till th enext. Those who live a 'pay check to pay check' life usually do not possess any liquid assets. [View More]

^{See also: Pay Cycle | Liquid Asset | Possess | Earnings | Check | Standard Of Living | APR | Paramedic}

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