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High debt is causing more consumers to live paycheck-to-paycheck

Approximately 60% of consumers live paycheck to paycheck, primarily through debt and inflation. (iStock) Many workers are living paycheck to paycheck, with around one in three citing debt as one of the main reasons. According to a PYMNTS study. As of December, 60% of survey respondents said they were living paycheck to paycheck. This is […]

Almost six in 10 living paycheck-to-paycheck: survey

Nearly six in 10 American adults report living on a paycheck in an economic climate riddled with inflation and fears of recession, according to a new poll. CNBC-Momentive Survey According to the Financial Confidence Survey, 58% of Americans say they live on a paycheck, and 70% say their financial situation is stressful. Nearly 80% of […]