Inflation Has More Americans Living Paycheck-To-Paycheck

Price inflation has more and more Americans struggling to get by – and not just low-income families.

According to a report from LendingClub.com, 60% of Americans are living paycheck-to-paycheck, up from 55% last year.

The pinch is even affecting high-income households – among those earning six figures or more, 45% are living paycheck-to-paycheck.

A separate report from Bank of America found that 71% of Americans feel like their wages aren’t keeping up with the cost of living.

Reported: Stubborn inflation forces more Americans to live paycheck to #paycheck more https://t.co/iVeEiHAiGF #inflation #economy #onvesting #recession #stagflation #stocks #mortgages #financial #stockmarket #money #News

…more https://t.co/iVeEiHAiGFhttps://t.co/68pMRSsPN8

— TopFeatured.com (@TopFeaturedcom) September 30, 2022