60% Of Americans Living Paycheck To Paycheck
View Source | October 4, 2022 12:18 pm
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- Almost everyone has felt the sting of rising prices.
- As of August, 60% of Americans were living paycheck to paycheck, according to a recent LendingClub report — a number that hasn’t budged much since inflation hit 40-year highs. A year ago, the number of adults who felt stretched too thin was closer to 55%.
- Even high-income earners are feeling the strain, the report found. Of those earning more than six figures, 45% reported living paycheck to paycheck, a jump from the previous year’s 38%.
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