Common Reasons Why People Live Paycheck To Paycheck
Anyone who has lived paycheck to paycheck knows how stressful this lifestyle is. Unfortunately, this is an all too common situation.
1. Living Paycheck To Paycheck
Survey after survey for years has found that most people in the U.S. live paycheck to paycheck.
As COVID-19 started its relentless march across the globe, a third of U.S. adults found themselves having difficulty covering everyday costs such as food and rent. While people with the lowest incomes face the biggest challenges, even some high-earning households are struggling.
2. Common Reasons for Living Paycheck To Paycheck
CareerBuilder reports that 78% of U.S. workers live paycheck to paycheck and here’s why.
They are not paying themselves first
Too many people treat savings as an after-thought whereas it has to be a ...