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How Many Americans Are Living Paycheck To Paycheck?

living paycheck to paycheck

Here’s what it means to live paycheck to paycheck: All of your income goes to paying your monthly expenses. There isn’t any money left after you pay the bills.

Around 64% of Americans are living paycheck to paycheck, according to a May 2022 LendingClub survey.

You might think that this is an issue only for those who have low incomes. But it can happen to anyone at any income level. In fact, an earlier version of the study also revealed that 48% of those making in excess of $100,000 a year lived paycheck to paycheck.

For some, increasing income may not be possible at this time. But whether or not you can find a way to make more money, here are some suggestions to help you survive until your situation improves.

The post How Many Americans Are Living Paycheck To Paycheck? originally appeared at U.S. News & World Report.