Despite headline inflation trending downward in recent months, more than half of American adults say that they are now living paycheck to paycheck following a LendingClub report published in June 2023.
A closer look at the report revealed that roughly 58 percent of U.S. adults are now living each month paycheck to paycheck. More surprisingly, three-quarters of consumers earning less than $50,000 annually, and 65 percent earning between $50,000 and $100,000 are having their paychecks stretched thin every month.
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