Drawing on data from the Survey of Household Economics and Decisionmaking, conducted annually by the Federal Reserve Board, Mr. Bruenig noted that “if we define someone as living paycheck to paycheck if they either say they do not have three months of emergency savings or say they cannot afford a $2,000 emergency expense,” then 59 percent of American adults are “living paycheck to paycheck.”
So, it’s not just you who’s having a hard time. Having a hard time is just part of living in the wealthiest country in the world.
