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Story perspectives

65% of Americans Struggle: Paycheck-to-Paycheck Crisis Deepens

1/25/2025

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Story summary
  • 65% of U.S. consumers are living paycheck-to-paycheck, with 78% facing increased bills recently.
  • On average, struggling consumers adopt 5.9 strategies to cope with rising expenses, often skipping payments.
  • Only 26% of struggling consumers use autopay, compared to 50% of those financially stable, highlighting disparities.
  • Essential costs, such as electricity (56%) and insurance (52%), pressure budgets, forcing prioritization of immediate needs.