29% of Low-Income American Households Live Paycheck-to-Paycheck
by Martin Armstrong Around 29% of low-income American households are currently living paycheck to paycheck, according to a new study by the Bank of America Institute, up from 23.5% in 2024. Spending on necessities such as groceries, utilities, housing, autos, and credit cards now exceeds over 95% of household income for over a quarter of …