BOMBSHELL REPORT: 60% Of Americans Living Paycheck To Paycheck

This does not bode well for the recession many think is coming!

  • Up to 60% of Americans are living paycheck to paycheck, according to a report from data analysis firm PYMNTS and LendingClub.
  • 25% of consumers earning above $200,000 a year are living paycheck to paycheck, and 48% of that group reported that they were struggling to pay health insurance premiums.
  • Credit card balances have seen the biggest increase in 20 years, up 15% in the previous quarter.