Living Paycheck to Paycheck?
Are you living paycheck to paycheck? It turns out you are not alone. Nearly half of Americans say their expenses are equal to or greater than their income, according to a new study from the Center for Financial Services Innovation (CFSI). For those 18 to 25, the percentage is over half, up to 54%.
“Half of America has no financial cushion,” says Jennifer Tescher, president and CEO of CFSI, which released the study. “They are living really close to the edge.”
With one out of every two people maxed-out with expenses, it is likely someone you know. Maybe it’s you. How do we get out of the rut?
Updated on February 3, 2018 by Anthony Piccininno
crimsonmoneyconcepts.com 