More than half of Americans are living paycheck to paycheck — even the wealthy are feeling the heat of continued inflation

More than half of Americans are living paycheck to paycheck — even the wealthy are feeling the heat of continued inflation

Pushing yourself to save can be a challenge, but more and more consumers are tallying up their monthly expenses to find they have nothing left to save anyway.

A recent study shows 58% of Americans report living paycheck to paycheck in May, up from 54% the same month last year. Of those earning $50,000 to $100,000, about 62% were stuck in this cycle.

But it’s not just lower-income groups struggling to foot the bills, according to the report produced by payments and commerce platform PYMNTS…


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