where is this implication from? to me living paycheck to paycheck means you are living THE LIFE to the fullest. no “savings” or any BS like that. you make $50k a month, spend it all - wait for next paycheck. paycheck to paycheck
In the context of economics and poverty, paycheck to paycheck is defined as having no ability to save because necessary spending is consuming the entire paycheck.
Necessary spending is food, utilities, clothes, rent. But not eating out, fancy housing is a nice neighborhood, designer clothes, etc.