One-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey Finds
- Cash is especially tight for top earners of millennial cohort
- Very few reported issues covering all their household expenses
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More than a third of Americans earning at least $250,000 annually say they are living paycheck to paycheck, underscoring how inflation is taking a bigger bite out of Americans’ budgets at all ends of the pay spectrum.
Some 36% of households taking in nearly four times the median US salary devote nearly all of their income to household expenses, according to a by industry publication Pymnts.com and LendingClub Corp.