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Tuesday, nov 5
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LendingClub
Lifestyle
New Report Reveals Percentage Of Americans Living Paycheck To Paycheck
Many Americans are living paycheck to paycheck as inflation continues to impact their finances, according to a new report. PYMNTS and LendingClub published their September 2022 report on inflation and the United States paycheck-to-paycheck landscape. Researchers found that 60 percent of consumers reported that inflation has impacted how they manage their finances. The report also found that 60 percent of US consumers are living paycheck to paycheck as of August, an increase from 57 percent in September of 2021. According to the report, 45 percent of consumers who are earni…
Lifestyle
Here's Percentage Of Americans Living Paycheck To Paycheck, New Study Reveals
A new report has revealed the percentage of Americans who are living paycheck to paycheck. As of this past December, 61 percent of the population in the United States was living paycheck to paycheck, according to a collaborative report from PYMNTS and LendingClub. According to the February report, that's an increase of 7 percent compared to May. CNBC reported that rising wages have been unable to keep up with the increasing cost of living. The LendingClub report also found that 54 percent of Baby Boomers and seniors in the study reported that they were living paycheck to paycheck.