In other words, well over half of the country is literally living on the brink of financial disaster.  When you are living paycheck to paycheck, there is no room for error.  A job loss, a business failure or a medical emergency can mean complete and utter financial ruin if you don't have a cushion to fall back on.  That is why the results of a brand new survey are so alarming.  According to a report that was just released by LendingClub, 62 percent of all U.S. adults were living paycheck to paycheck last month…

High inflation and higher interest rates continue to weigh on American households.

As of September, 62% of adults said they are living paycheck to paycheck, according to a new LendingClub report.

For years, people like me have been warning Americans not to live like this.

Living paycheck to paycheck only works if the paychecks keep coming in every month.

Once they stop, you are at risk of losing everything.

Unfortunately, living paycheck to paycheck is "the main financial lifestyle among U.S. consumers" at this point…

"Living paycheck to paycheck remains the main financial lifestyle among U.S. consumers," the report said.

When you live on the edge, even a relatively minor event like an unexpected vehicle repair can become a major crisis.