Economic Report: Paycheck To Paycheck (Even On a $100K A Year) - 09/04/08

Economic Report:

Have you found yourself living paycheck to paycheck? You aren’t quite in the minority, but a new study shows you are very close. A new study by CareerBuilder.com reveals that 47 percent of Americans say they typically live paycheck to paycheck and it isn’t just those that make less than $100,000. The study showed that 21 percent who pull in $100,000 or more live paycheck to paycheck. As a result, Americans aren’t saving. Thirty-four percent save less than $100 a month for savings.