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Report: Majority of U.S. Adults Living Paycheck to Paycheck
Breitbart ^ | 11/20/2023 | OLIVIA RONDEAU

Posted on 11/20/2023 9:46:51 AM PST by ChicagoConservative27

The majority of U.S. adults are living paycheck to paycheck heading into this holiday season, a report shows.

LendingClub’s latest report shows that as of October, 60 percent of adults said they are living paycheck to paycheck. Around 40 percent of consumers consider themselves to be worse off now than in 2022.

Even higher earners are struggling to get by, with 42 percent of those making six figures also living check-to-check under President Joe Biden.

According to a separate CNBC survey, the number of adults struggling to save between checks is up from 58 percent in March.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: adults; bidenflation; bidenlegacy; economy; inflation; living; majority; paycheck; savesomemoney; wages
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Makes you wonder if they families with the nice homes and all the toys are a paycheck away from doom
1 posted on 11/20/2023 9:46:51 AM PST by ChicagoConservative27
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To: ChicagoConservative27

Maybe so, but they sure are eating well. I can’t find a table at half the restaurants I go to these days.


2 posted on 11/20/2023 9:49:06 AM PST by Repealthe17thAmendment
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To: ChicagoConservative27

Well I live paycheck to paycheck too....probably because I always put a bit into savings and my 401k.

Does this make me a bad person?


3 posted on 11/20/2023 9:53:01 AM PST by funwithfood
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To: ChicagoConservative27
I'm one of them.

I've had five jobs over the past year. One of them was a substitute teaching job that lasted two days.

The reason I was fired? I subbed in a high school chemistry class studying reactions. And I told the kids that sodium combusts with water.

The principal said I was teaching them about high explosives.

True story.

4 posted on 11/20/2023 9:53:54 AM PST by Ciaphas Cain (America will need de-liberalization just as Germany had de-nazification.)
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To: Ciaphas Cain

WOW


5 posted on 11/20/2023 9:54:57 AM PST by ChicagoConservative27
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To: ChicagoConservative27

We does all your hard-earned money go???? WASTED through taxes and the hidden taxes of inflation all caused by the $3+ trillion unconstitutional portion of the federal government which as I repeat so often is THE GREATEST THREAT to our lives, liberties and free pursuits.

NUKE THE $3+ TRILLION UNCONSTITUTIONAL PORTION OF THE FEDERAL GOVERNMENT or it will nuke us!!!!


6 posted on 11/20/2023 9:55:18 AM PST by Jim W N (MAGA by restoring the Gospel of the Grace of Christ (Jude 3) and our Free Constitutional Republic!)
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To: ChicagoConservative27

Most people live paycheck to paycheck. Most people live very well paycheck to paycheck. People tend to spend what the earn.

Nothing wrong with that


7 posted on 11/20/2023 9:55:33 AM PST by Responsibility2nd (A truth that’s told with bad intent, Beats all the lies you can invent ~ Wm. Blake)
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To: All

They can have my Credit Card when they pry it from my cold dead hands.


8 posted on 11/20/2023 9:57:25 AM PST by BipolarBob (My terrorist policy is Pro Death.)
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To: ChicagoConservative27
Report: Majority of U.S. Adults Living Paycheck to Paycheck

The Ant and the grasshopper, is a story told 2,600 years ago, by Aesop in ancient Greece.

9 posted on 11/20/2023 10:00:20 AM PST by higgmeister (In the Shadow of The Big Chicken! )
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To: Repealthe17thAmendment

Credit card debt at all-time high. People making minimum payments and running their balances up to the limit.


10 posted on 11/20/2023 10:00:30 AM PST by Deo volente ("When we see the image of a baby in the womb, we glimpse the majesty of God's creation." Pres. Trump)
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To: ChicagoConservative27

Yes. Many, if not most are.


11 posted on 11/20/2023 10:01:27 AM PST by Levy78 (Reject modernity, embrace tradition. )
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To: funwithfood

One who is actively saving and investing is, by definition, NOT living “paycheck to paycheck”. That term refers to people whose paycheck barely cover expenses, and do not allow for savings and investment.


12 posted on 11/20/2023 10:02:36 AM PST by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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To: ChicagoConservative27

Pretty close!


13 posted on 11/20/2023 10:03:45 AM PST by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉! 🇮🇱👍!)
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To: ChicagoConservative27

One of the steps into socialism. All according to plan.


14 posted on 11/20/2023 10:05:02 AM PST by vpintheak (There is no Trans. There is only mentally ill)
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To: ChicagoConservative27

Have not had a paycheck in a long time.Biden sucks shi*.
There’s a ‘t’ in there.


15 posted on 11/20/2023 10:05:23 AM PST by sasquatch
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To: Ciaphas Cain

So it’s better to live in ignorance then I guess, huh? Dang.


16 posted on 11/20/2023 10:06:08 AM PST by vpintheak (There is no Trans. There is only mentally ill)
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To: ChicagoConservative27

But, but, but the media talking heads are always droning on and on about this being the greatest US economy ever.


17 posted on 11/20/2023 10:06:53 AM PST by NohSpinZone (First thing we do, let's kill all the lawyers)
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To: Ciaphas Cain

Gee, my chemistry teacher (cs. 1966) gave me sulfuric and nitric acid for some home experiments plus a small piece of sodium.


18 posted on 11/20/2023 10:07:09 AM PST by NewHampshireDuo ( )
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To: ChicagoConservative27

That is pretty amazing given that the US labor participation rate is 62.7%.


19 posted on 11/20/2023 10:08:36 AM PST by posterchild
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To: ChicagoConservative27

But don’t most people do this?


20 posted on 11/20/2023 10:08:45 AM PST by ealgeone
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