Why Do 6-Figure Wage Earning Americans Live Paycheck To Paycheck?

Posted on AllSides October 7th, 2022
From The Center
ANALYSIS

Low-income Americans are no longer the only ones living paycheck to paycheck. High-income earners have a hard time balancing the family books, too.

According to a recent LendingClub report, as of August, 45% of Americans who make six figures are living paycheck to paycheck, up from 38% a year ago.

That's a shocking finding for two reasons. One, America is among the world's most affluent economies. Thus, one would expect people to afford to save money rather than barely getting by with what they earn. And two, living paycheck to paycheck...

Read full story

International Business Times

AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
110088/85802
See full bias rating for International Business Times
Learn about media bias
https://www.ibtimes.com/why-do-6-figure-wage-earning-americans-live-paycheck-paycheck-3619888

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right