“60% of Americans are living paycheck to paycheck heading into the holidays, report finds”
November 20, 2023
“…As of October, 60% of adults said they are living paycheck to paycheck, according to a new LendingClub report. The figure is unchanged from last year.
Overall, 4 in 10 consumers consider themselves worse off relative to 2022, the report found…
Even as credit card debt tops $1 trillion, almost all — or 96% — of shoppers said they expect to overspend this season, according to a separate TD Bank survey…”
Not good. Not good at all. Live within your means. Don’t be like the majority that has to figure this out the hard way.