63% Of Americans Are Living Paycheck-To-Paycheck
December 16, 2022 8:44AM EST
Shot of a young couple looking anxious while doing their budget at home
As inflation continues to climb, nearly 2/3rds of Americans are living week-to-week, according to a new survey.
A LendingClub report polled roughly 3,900 consumers, with 63% claiming to live paycheck-to-paycheck.
Even more surprising? 47% of households earning at least $100,000 a year reported living paycheck-to-paycheck.
It’s also forcing Americans to lean on credit – credit card balances are up 15% over the last three months.
How have you adjusted your spending habits to deal with inflation?
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