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The “Paycheck to Paycheck” Problem
['Adam Sharp']
Daily Reckoning
The “Paycheck to Paycheck” ProblemEven before this energy price spike, affordability was a big problem.
Americans are saving less, and more people are living paycheck to paycheck.
The firm’s survey showed that 41% of households making more than $300,000 per year consider themselves “paycheck to paycheck”.
Source: Goldman SachsShockingly, 40% of those making more than $500,000 per year also report living paycheck to paycheck.
But if you’re reading this newsletter, that means you’re actively looking to become a more effective investor.