Page 26 - A Guide To Financial Health v2
P. 26
Chapter 02: Starved for savings
"But is it really affecting everyone?"
Nearly 70% of Americans are living paycheck to paycheck. But it’s
not just low earners—the debilitating stress caused by this affects
people up and down the income ladder, in all areas of the economy.
A surprising number of high earners live paycheck
to paycheck
Percentage of families living paycheck to paycheck based on total earnings
That means it's impacting people who work for you, from hourly staffers to
salaried employees. Of families making $150,000 per year or more, 25% are
living paycheck to paycheck. The number increases to roughly 33% for
families earning between $50,000 and $100,000. And of families learning
less than $50,000, one half are living paycheck to paycheck.
