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Economy

“62% of Americans are still living paycheck to paycheck, making it ‘the main financial lifestyle,’ report finds”

“…As of September, 62% of adults said they are living paycheck to paycheck, according to a new LendingClub report. The figure is unchanged from last year.

“Living paycheck to paycheck remains the main financial lifestyle among U.S. consumers,” the report said…”

https://www.cnbc.com/2023/10/31/62percent-of-americans-still-live-paycheck-to-paycheck-amid-inflation.html

This is awful. Do not live like this. Live below your means. Any emergency can wreck you if you’re living paycheck to paycheck. Also, now that I’m thinking about it, does this mean if America has a economic crisis at least 60% of the country would be in trouble? If so this is not good. This is not good at all.

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