As Prices Rise, 64% of Americans Are Now Living Paycheck to Paycheck
"We are all seeing the cost of everything shooting up," said Anuj Nayar, LendingClub's financial health officer. However, paying more for gas and groceries is hitting households particularly hard, he said.
Even among those earning six figures, 48% said they are now living paycheck to paycheck, up from 42% in December, the survey of more than 2,600 adults found.In San Francisco, for example, a family of four with a household of under $120,000 is considered
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