More Americans are living paycheck to paycheck, with low-income earners feeling the brunt of the strain.

nearly 24% of all households are classified as living paycheck to paycheck this year…That share is slightly higher than last year…

  • partial_accumen@lemmy.world
    11·
    6 hours ago

    And yes, when I had unexpected bills, and later when I lost my job, I did dip into my savings because that’s why I had it, but that 10% want going to be the difference between me living paycheck to paycheck, or not.

    I’m not sure I understand your logic. If you dipped into your savings, then you clearly thought it was needed in those extreme times and it made a material difference. If it wouldn’t have made a difference, then why did you even dip into your savings?