Loading...

CNN: More than 75% of Americans are living paycheck to paycheck

CNN: More than 75% of Americans are living paycheck to paycheck

By Jaclyn Brandt. CREATED Jun 24, 2013

MILWAUKEE - A new study has found that more than three-fourths of Americans are living paycheck to paycheck.

The study, conducted by Bankrate.com, reports that 76 percent of those surveyed don't have enough money in the bank to cover six months of expenses. According to CNN, the study also found that 50 percent have three months saved, and 27 percent have no savings at all.

A different study, conducted by CashNetUSA, found that 22 percent of the people they asked had less than $100 in the bank to help in the case of an emergency.

Read the full story here.