Study Reveals Majority of US Consumers Are Living Paycheck to Paycheck
Thursday, 4 April 2024, 22:04
Majority of US Consumers Facing Financial Challenges
A recent study has revealed that nearly 6 in 10 US consumers are living paycheck to paycheck, highlighting the financial strain faced by many households. The survey indicates a significant portion of the population is struggling to cover their expenses on a regular basis.
Shift in Financial Behavior
The study also shows that although there has been a decrease in the number of affluent consumers living paycheck to paycheck, more individuals are turning to side hustles to supplement their income and make ends meet.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.