A Bankrate survey found that one-third of Americans say they're living paycheck to paycheck and have little money for savings.

Even as inflation continues to cool into the second half of 2024, many Americans say they’re still struggling to make ends meet.

Roughly one-third of U.S. workers say they’re living paycheck to paycheck and have nearly no money for savings after paying their monthly bills, according to a survey from personal finance website Bankrate.

  • dragontamer@lemmy.worldEnglish
    26·
    5 months ago

    Inflation is cooling because Americans are living paycheck to paycheck.

    Inflation was never going to come down until people ran out of money. Basic economics unfortunately. When people are tight on money and cut down on spending, demand drops. And with demand dropping inflation goes down.