One hundred twenty-five million U.S. adults have little to no money to save. That means 54 percent of Americans are living paycheck to paycheck. And that's not just folks below the poverty line or making minimum wage.
One in every two Americans earning between $50,000 and $100,000 annually also live paycheck to paycheck. The study shows that 18 percent within that income bracket struggle to pay their bills. But even thirty-nine percent of consumers with an annual income of over $100,000 still live paycheck to paycheck.
It means spending all your income every month. Regardless of your earnings, if your costs are higher than or equal to your income, and you struggle to save anything at all, you're living paycheck to paycheck.