Over a third of Americans who make at least $250,000 per year say they’re living paycheck to paycheck, which Bloomberg suggests underscores how inflation is ‘taking a bigger bite out of Americans’ budgets at all ends of the pay spectrum.’
Another interpretation is that Americans makig at least $250,000 – placing them in the top 5% of earners in the country – have horrendous financial literacy. Continue reading “36% Of Americans Making $250,000 Are Living Paycheck To Paycheck”
