Majority of Americans Living ‘Paycheck-To-Paycheck’: Study
The average debt for an individual is $25,000, and some Americans have turned to gambling to shore up finances.
View Source | November 6, 2022 7:41 pm
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- The study, amid high inflation, was commissioned by NY Sports Day.
- The study found that more than half of Americans, 51%, are living paycheck to paycheck right now.
- In addition, the study found 42% of Americans “would not be able to cover an unexpected $1,000 expense.”
- On average, Americans are in the red by about $25,139, also according to the study.
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