As the prices for goods keep climbing, even wealthier Americans are feeling financially strained.
With inflation still near 40-year highs, more than half of all Americans are living paycheck to paycheck, according to one report.
Consumers who are struggling to afford their day-to-day lifestyle tend to rely more on credit cards and carry higher monthly balances making them financially vulnerable., workers across all income levels are having a harder time making ends meet. As of May, 58% of Americans — roughly 150 million adults — live paycheck to paycheck, according to a new
. That's down slightly from 61% who reported living paycheck to paycheck in April, but up from 54% in May 2021.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
A New Credit Card Arrives—With a Silicon Valley TwistThe X1, a new credit card, is designed for people who want premium perks—with or without premium credit scores. It also promises up to five times higher credit limits than the average card. (From 2021)
Weiterlesen »
Canada's inflation rate spikes to near 40-year high, calls for supersized rate hike mountICYMI: Canada's inflation rate spikes to near 40-year high, calls for supersized rate hike mount — via financialpost Canada Economy Inflation
Weiterlesen »
Inflation is forcing Americans to change their diets: 'We make vegetable soup'The rise in the cost of living has prompted people to cut down on meat, and eat out less.
Weiterlesen »
California gas tax rebate poised to send hundreds to eligible driversCalifornia is nearing a projected $10 billion legislative deal to provide taxpayers with a gas rebate after months of rampant inflation and skyrocketing prices at the pump.
Weiterlesen »
Warren Buffett says these are the best stocks to own when inflation spikesWarren Buffett says these are the best stocks to own when inflation spikes. stocks finance businessessentials
Weiterlesen »
Survey: Rising Inflation Affecting Americans' Ability to Cover Other CostsIs Bidenflation wrecking your family's finances? If so, your'e in the majority. 75 percent of hourly workers reported having challenges in paying their bills due to increased inflation.
Weiterlesen »