While over 60% of Americans now live paycheck to paycheck,

[Uncle Joe]

21. I believe it was from this

SAN FRANCISCO, Aug. 1, 2022 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings from the 12th edition of the Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS.com. The Consumer Savings Edition examines the financial lifestyle of U.S. consumers who live paycheck to paycheck, the factors that cause financial distress and the impact of financial stressors on their ability to manage expenses and put aside savings.

Key Findings

- In June 2022, 61% of Americans were living paycheck to paycheck, up from a low of 52% in April 2021 and 55% in June 2021.
- Average savings dropped $517 from $11,724 in May 2022 to $10,757 in June 2022.
- The biggest rise in paycheck-to-paycheck consumers was in consumers earning between $100,000 and $150,000, up 11 percentage points from May 2022 to 52% in June 2022.
- The average consumer stores 11% of their savings in either stocks or bonds, yet half of all stockholders reported that their portfolios recently lost value in the last three months.
- An estimated 33.5 million — or 13% — of U.S. consumers spent more than they earned in the past six months.

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https://www.prnewswire.com/news-releases/the-number-of-consumers-living-paycheck-to-paycheck-has-increased-year-over-year-across-all-income-levels-301596552.html#:~:text=Living%20paycheck%20to%20paycheck%20is,and%2055%25%20in%20June%202021.