32% of Americans earning over $150,000 are living paycheck to paycheck (and many are relying on credit cards), per Quicken

Sharing is Caring!

via moneywise:

It’s not just low-income Americans drowning under inflation and interest rates — some higher-income folks are feeling the strain on their wallets as well.

Data from a June survey conducted by personal finance software company Quicken revealed that 32% of Americans earning at least $150,000 a year are currently living paycheck to paycheck, while 36% of folks earning $50,000 to $150,000 and 55% of households earning less than that reported the same.

See also  Stats Show Americans Are Really, REALLY Unhealthy [VIDEO]
See also  42.1 million Americans relied on food stamps—25% of adults face hunger in 2023.

“Our research shows an economic divide that is widening among Americans — there is a large group of hard-working people who are still struggling financially,” Eric Dunn, CEO of Quicken, said in a press release.