What’s Driving Americans To Live Paycheck To Paycheck? One Person Says It’s Like Being ‘Thrown Into Adulthood Without A Map’
From Yahoo Finance: 2025-05-31 16:12:00
Many Americans are struggling to make ends meet, living paycheck to paycheck due to a variety of factors, including the rising cost of living. Despite efforts to save, emergencies like car repairs and medical bills drain savings, leaving people financially vulnerable. Some blame the U.S. credit system for penalizing those who pay off debt, while others point to habits like lifestyle creep and impulse spending. Many feel unprepared to manage money, leading to financial difficulties. Without major changes, the situation is unlikely to improve, with some calling it a systemic failure rather than a discipline issue.
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