Americans Living Paycheck to Paycheck

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Money flows in November and December as Americans prepare for the holiday season. But many are finding themselves cash-strapped going into the shopping season. Still, high prices are stretching paychecks.

A large percentage of Americans are finding themselves living paycheck to paycheck under normal circumstances, let alone the holiday season. But how bad is it?

Living Paycheck to Paycheck Common

When a person lives paycheck to paycheck, they cover basic living expenses, but no funds are left over for savings or retirement. Some people can’t cover the basics.