Americans' Undefined Paycheck-to-Paycheck Ratio
This is a news story, published by Upworthy, that relates primarily to The Federal Reserve news.
personal finance & financial education news
For more personal finance & financial education news, you can click here:
more personal finance & financial education newsUpworthy news
For more news from Upworthy, you can click here:
more news from UpworthyAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like personal finance & financial education news, you might also like this article about
emergency savings. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest financial habits news, paycheck news, personal finance & financial education news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
savingsUpworthy
•Business
Business & Economics
'Thrown into adulthood without a map': Americans share why they live paycheck to paycheck

51% Informative
Over 1,100 people shared why they've lived paycheck to paycheck.
The Federal Reserve found 54% of Americans have emergency savings to cover three months of expenses.
A lack of financial education, rising living costs and debt are the main causes of the problem, Reddit user says.
The grocery list that would cost you $50 5 years ago now costs you $ 100 .
A lot of people who live 'paycheck to paycheck' have a ton of deductions for things like 401k and IRA along with spending on non essentials like expensive car payments, private schools, etc." "For me it’s healthcare that makes me live paycheck to paycheck".
"I'm not a cheapskate by any means, but I’m sure as hell not spending nearly $20 for some shitty meal from Panera delivered by DoorDash when I can pack my own lunch for like $ 3 " "For me, it is a daycare costs. We have to pay $ 720 a week for 2 kids in a standard daycare. We did not live paycheck to paycheck before having kids".
VR Score
40
Informative language
33
Neutral language
24
Article tone
informal
Language
English
Language complexity
27
Offensive language
possibly offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links