About 60% of Americans indicated that they’re living paycheck to paycheck, per a LendingClub report .
Moreover, people making six figures are feeling the economic pinch, as 45% revealed that they’re living paycheck to paycheck, according to a CNBC report. This is a notable increase from 2021, when 38% said that they lived paycheck to paycheck.
“More consumers living paycheck to paycheck indicates that many are continuing to lose their financial stability,” declared Anuj Nayar, a LendingClub financial health officer.The consumer price index (CPI), which records the average change in consumer goods and services prices, increased by 8.3% in August, which […]
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