The wealthy are doing just fine. It’s everybody else who is screwed.

78% of Americans live paycheck to paycheck in 2024, up 6% from last year

As living expenses in the U.S. continue to rise and wages struggle to keep up, it’s unsurprising that Americans of all generations are having a hard time financially. For many, this means living paycheck to paycheck.

But what does it really mean to live paycheck to paycheck, and what underlying factors are driving this trend?