A Bankrate survey found that one-third of Americans say they're living paycheck to paycheck and have little money for savings.
Even as inflation continues to cool into the second half of 2024, many Americans say they're still struggling to make ends meet.Roughly one-third of U.S. workers say they're living paycheck to paycheck and have nearly no money for savings after paying their monthly bills, according to a survey from personal finance website Bankrate. Relying on one's full earnings each week to pay off living expenses has been a harsh reality for some Americans dating back even before the pandemic.
For Americans living paycheck to paycheck, grappling with everyday expenses 'feels akin to walking a tightrope with no safety net, where the balance between expenses and earnings becomes a delicate dance,' said Foster. 'Inflation is the silent thief, and it comes with a price — often Americans' chances of living a comfortable life.
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