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News@lemmy.world · 11 months ago

62% of Americans are living paycheck to paycheck, as holiday spending, credit card debt rise

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62% of Americans are living paycheck to paycheck, as holiday spending, credit card debt rise

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News@lemmy.world · 11 months ago

As the holiday season kicks into high gear, 62% of adults say they are living paycheck to paycheck, according to a recent report.

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11 months ago
Paycheck to paycheck usually denotes all of your paycheck goes strictly towards critical expenses (food, housing, bills).

This is how they’re defining it in their study: https://www.pymnts.com/consumer-finance/2022/what-is-paycheck-to-paycheck/

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