
News Link • Economy - Economics USA
A third of people earning $250,000 or more live paycheck to paycheck (2022)
• MarketplaceThat's according to a new survey out this week from e-commerce news site PYMNTS.com and the digital bank LendingClub.
About a third of those making $250,000 or more are living paycheck to paycheck.
Living paycheck to paycheck can mean one of two things, according to this report.
"The first one is people that manage to pay all their bills, but at the end of the month, they have nothing left. And then the other part is obviously those who are struggling to pay their bills," said Anuj Nayar, at LendingClub, adding that most high income people who live paycheck to paycheck have enough to cover their expenses – but not much else.