'Paycheck to Paycheck': 63% of Americans Have Under $500 Left Each Month After Paying Their Bills

Source: International Business Times

A new financial survey reveals that 63% of Americans are living paycheque to paycheque, with the vast majority left with under $500 each month after paying their basic bills. Nearly two-thirds of Americans are now living paycheque to paycheque, according to the latest CNBC and SurveyMonkey Quarterly Money Survey, underscoring the financial strain many households continue to face despite a resilient labour market and slowing inflation. The survey found that 63% of US adults rely on each paycheque to cover monthly expenses, while most have little or no financial cushion after paying for essentials such as housing, food, utilities and transportation.