Take A Look At The Average American’s Money Management and Debt

“Living paycheck to paycheck” isn’t a comfortable phrase to say, but in truth, a new survey from Careerbuilder.com reveals a high percentage of those surveyed are saying just that.

Take a look at these stats:.

  • 78% of U.S. workers live paycheck-to-paycheck
  • 3 in 4 workers are in debt and over half of them feel they always will be
  • almost 9% of those earning $100k or more per year are living paycheck to paycheck
  • 28% of persons earning $50-99K per year live paycheck-to-paycheck
  • 51% of persons earning less than $50k per year usually live paycheck to paycheck and 73% of those are in debt
  • almost 25% of those in the survey save nothing each month.

Bottom line, don’t spend what you don’t have, and avoid unnecessary debt.

Yes, for many, easier said than done.

 

More from Blake Powers
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