60% of Americans Live Paycheck to Paycheck — ‘Inflation is Part of Their Everyday Lives,’ Experts Say
As of January, 60% of all U.S. adults, including 45% of high-income earners, were living paycheck to paycheck, according to a new LendingClub report.
As of January, 60% of all U.S. adults, including 45% of high-income earners, were living paycheck to paycheck, according to a new LendingClub report. That’s down from 64% a year earlier, suggesting that last year’s spending cutbacks have improved some consumers’ financial situations.
“Consumers have accepted that inflation is part of their everyday lives,” says LendingClub’s Anuj Nayar.
A few key money moves can help your financial standing amid higher prices.
Celebrity Mark Cuban Urges Fed to Buy Silicon Valley Bank Debt ‘Immediately,’ Saying It’s ‘Not the Wealthy Taking the Hit’
On Friday, March 10, the bank failed following a bank run that saw investors and depositors trying to withdraw $42 billion on Thursday alone.
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