Nearly half of Americans earning more than $100K now report living paycheck to paycheck — here are the consequences Americans are still grappling with high inflation — the consumer price index was 8.3% in August — and even the wealthy are teetering on the edge. About 6-in-10 Americans were living paycheck to paycheck in August, according to a recent report produced by commerce data platform PYMNTS and personal loans website LendingClub. And even those who earn six-figure incomes are… Source link
Read More »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… Source link
Read More »Some Google Employees Reportedly Get $0 Paycheck Due To Glitch
Topline Some Google employees found that their entire first paycheck of the year had been sent to their retirement accounts due to a technical error, according to Bloomberg – what one employee dubbed “paypocalypse 2022” – in the latest high-profile payroll mistake. The Google logo seen next to Grand Canal Dock railway station in Dublin on February 2, 2021. Artur Widak/NurPhoto via Getty Images Key Facts In a notice on its internal HR site,… Source link
Read More »Acorns program enables parents to invest for their kids with every paycheck
Private financial services platform Acorns is making it a little easier for parents to invest in their children’s financial futures by saving early and often. “Everyone should be doing as proactive a job as possible, and thoughtfully approaching early financial literacy and education,” Kennedy Reynolds, the Chief Education Officer at Acorns, told Yahoo Finance (video above). “There’s no such thing as too early when it comes to this.” The Acorns Early program allows parents to set aside… Source link
Read More »McCormick is hiring a taco czar, offers $100K paycheck for 4-month ‘dream gig’
Calling all taco connoisseurs —McCormick & Company (MKC) is hiring a “director of taco relations” for a short-term stint, and it comes with a pretty hefty paycheck. On this taco Tuesday, the food company known for its spices officially announced the new, four-month contract position, which pays $100,000 (or $25,000 per month). Applicants must be 21 years of age, a U.S. resident, be available to sign a contract by the end of August and work up to 20 hours a week from September 2021 to… Source link
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