PYMNTS Survey Finds 67.6% of US Consumers Living Paycheck to Paycheck

The share of Americans struggling financially has increased by ten percentage points over the past 18 months, according to the report.

Summary

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Terms & Concepts
  • Paycheck to Paycheck: A financial situation in which individuals rely entirely on their next income payment to meet basic living expenses without substantial savings.
  • PYMNTS: A research and media platform focused on payments, fintech, and consumer financial behavior data.
  • Financial Safety Net: Resources such as savings, insurance, or emergency funds that protect individuals from financial distress during income loss or unexpected expenses.