Among the new cohort of people who say they are newly living paycheck to paycheck, 86% pull in more than $100,000 annually, the survey found. Given that the median household income in the U.S. is $70,784, the survey shows the soaring cost of living in America is catching up to even more well-off U.S. residents.Snip…. https://www.nbcnews.com/business/con...home-rcna69597
“The effects of inflation are eating into every American’s wallet, and as the Fed’s efforts to curb inflation drive up the cost of debt, we are seeing near-record numbers of Americans living paycheck to paycheck,” said Anuj Nayar, the financial health officer at LendingClub.
Welcome to Biden’s America, where a six figure income gets you 50 square feet at your moms house.