58% Of Americans Living Paycheck-To-Paycheck
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Inflation has more than half of U.S. households living paycheck-to-paycheck, according to a new report.
A study by LendingClub says 58% of Americans live paycheck-to-paycheck – that’s more than 150 million adults.
It’s not limited to low-income households – the study found that 30% of those earning $250,000 or more are also going week-to-week.
Many are using credit cards to stay on top of expenses – credit card balances reached $841 billion in the first three months of 2022.
58% of Americans are living paycheck to paycheck — including 30% of those earning $250,000 or more https://t.co/NFxtSkaxZX
— CNBC (@CNBC) June 27, 2022
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