Sticky inflation - which hits consumers in many aspects of their lives, from groceries to rents - soaring rates, which affect credit card balances and loans - and wage stagnation have all taken a toll.
While retiring has many advantages, it also means not being able to rely on a paycheck anymore, instead transitioning to a fixed income. And with this new phase in life comes necessary financial.
Inflation, soaring rates and the October resumption of student loan payments have taken a toll on many Americans' wallets, forcing many of them to live paycheck to paycheck. And the numbers speak for.
If you find yourself with extra cash flow whether at the end of every month or thanks to a sudden windfall consider yourself lucky. Indeed, 65% of Americans say they frequently live paycheck to.