Nearly 24% of US households are paycheck to paycheck amid expenses

Almost a quarter of all US households Pay Paycheck to Paycheck And that number has risen over the past year, although the pace of growth has slowed, according to a new report.

And Bank of America Institute The report found that almost 24% will be classified as living payments about 2025, 024 percent from the year 202 percent from 20 times in the past.

It sets a living wage to pay as households spend 95% of their income on necessities such as housing, groceries, It leaves them with little or no funds for savings or “good-to-get” purchases.

“Although the number of real estate agents living for a paycheck increased this year, the pace of announcements has led to the loss of money,” said America’s affairs. “That’s because there’s probably a lot of financial stress that’s been put on these low-income households because families are struggling.”

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Almost one in four Americans live paycheck to paycheck, far from it, even though the growth rate has been symbolic in the United States bank. (istock / istock)

Inflation has accelerated instead of middle income families

The clothes have taught shares of lower income rights for paychech rose to 29%, from 28.1% more than last year to 202.1%.

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“The period of households and lower and lower points, I think inflation is the primary driver. Especially this year, has seen a cut between wages and forced households described for households with income,” wadford explained.

“In October we saw a wage increase of 1%, while the latest inflation data has cost of living Increase by 3%, “he added.” Put another way, if your bill increases by $300, but you only make $100 more, how are you expected to keep up with it? And I think the short answer is some families are really struggling. “

Quick Container for better income workers has made it easier relative to the earning partner in recent years. (Yuki iwamura/Bloomberg via Getty Images/Image Image)

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About 19% of households that earn more than paycheck to paycheck, which American banks are responsible for lifestyle causing the bill to rise.

“When you talk about households with higher incomes It’s a life lived for a paycheck, it can be a lifestyle that can only be the main driver, “said Wadffa, you know where the car is.”

Inflation has continued to strain American culture. (Justin Sullivan / Image Image / Image Image)

The report also found that growth For income growth compared to its better-off counterpart from early 2025, it will decline more rapidly in 20212, before disappearing in 2023-24.

“This K-shaped economy is largely dependent on the growth of numbers,” WADFord explained. “As long as you continue to see this gap between higher wage growth and lower income wage growth, you’re going to continue to see this.”

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“The gap between the growth of the most important and the best is the highest we have seen since 2016,” he added. “If we continue to see a different labor market for these two groups and cooling, I often, I think this is a situation for a good future.”