Americans are still struggling to save money at the end of each month amid the increased cost of living, according to a new report.
The report by LendingClub and Paymnts is based on a survey of 4,163 U.S. consumers conducted from January 6 to 27.
Researchers also included analysis of other economic data.
The report found that as of January, 60 percent of U.S. adults, including more than four in 10 high-income consumers, live paycheck to paycheck.However, this number is down from 64 percent in January 2022.According to the report, 45 percent of consumers annually earning more than $100,000 reported living paycheck to paycheck in January 2023, down from 48 percent at the same time last year.An earlier Paymnts/LendingClub survey in December last year found that around 64 percent of consumers were left with little to no money to spend at the end of the month, marking 9.3 million more than the […]
Read the Whole Article From the Source: slaynews.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.