Many people live paycheck to paycheck, with their income only barely covering their exact cost of living.

FORBES: Do We Take Debt Seriously Enough?

"A lot of people here live paycheck to paycheck, " says Mr. Smith, who works in shipping for a fragrance company.

WSJ: Battle of the Beach

When people live paycheck to paycheck, they seldom feel in control financially.

FORBES: One Technique to Escape the Paycheck to Paycheck Blues

We still live paycheck to paycheck and struggle.

FORBES: Why I Wish My Mom Had Had Life Insurance

As humans, our wants are unlimited, and as evidenced by how many Americans live paycheck to paycheck, many of us take the easy road of consumption over the more disciplined path of savings a great deal of the time.

FORBES: To Mount a Comeback, Obama Must Ignore Simon Johnson

Some people manage to save money on a tight budget, while others always live from paycheck to paycheck.

FORBES: What Good Are Republicans If They Can't Protect Us From Class Warfare?

We have to return to some very common-sense principles that everyday Americans live by every time they go to the grocery store or want to go to the movies or cash their paycheck, and that is you can't spend more than you have.

WHITEHOUSE: Press Briefing