Amid stubborn inflation, 60% of Americans live paycheck to paycheck
Despite higher prices, consumers are still spending, although not as much as they were a year ago, which is giving their budgets some breathing room....
54% of Americans are dipping into savings to pay for everyday expenses
Inflation is still taking a hefty toll on households, recent reports show. Prices continued their upward momentum in January, rising 0.5% for the month and...
U.S. credit card debt jumps 18.5% and hits a record $930.6 billion
For most Americans, inflation and rising interest rates are a one-two punch. On the heels of another rate hike this week by the Federal Reserve,...
1 in 5 young adults have debt in collections, report finds
Americans across the board are struggling with credit card debt. Those just starting out are particularly vulnerable. With limited financial resources, lower wages and shorter...
Amid high inflation, 63% of Americans are living paycheck to paycheck
As rising prices continue to weigh on households, more families are feeling stretched too thin. As of November, 63% of Americans were living paycheck to...
Amid inflation and market volatility, just 12% of adults feel wealthy
Inflation, geopolitical uncertainty and fears of a recession have undermined financial confidence across the board, according to a new report by Edelman Financial Engines. Less...
60% of Americans live paycheck to paycheck heading into 2022 holiday
Just as the holiday shopping season gets into full swing, families are finding less slack in their budgets than before. As of October, 60% of...
More Americans live paycheck to paycheck as inflation outpaces income
As rising prices continue to outpace wage gains, families are finding less cushion in their monthly budget. As of September, 63% of Americans were living...
Inflation is causing more Americans to fall behind on monthly bills
With prices rising nearly across the board, it’s getting harder to pay for basic necessities, causing some Americans to fall behind. To that point, 32%...
Stubborn inflation forces more Americans to live paycheck to paycheck
Inflation is a persistent problem The consumer price index, which measures the average change in prices for consumer goods and services, rose a higher-than-expected 8.3% in...