With new PYMNTS data showing 60 percent of U.S. millennials currently living paycheck to paycheck, it could be argued that this oft-analyzed demographic is badly in need of some financial planning and education. Get the Full Story Complete the form to unlock this article and...
Unlike in the classic tune, summertime doesn’t necessarily mean that the living is easy. Just ask the millions of Americans living paycheck to paycheck. Case in point: the August edition of Reality Check: The Paycheck-To-Paycheck Report, a LendingClub collaboration, for which PYMNTS surveyed more than...
Good news for recovery watchers: the average consumer is exiting the pandemic period demonstrably more financially stable than when it started a little over a year and a half ago. According to forthcoming PYMNTS data, 50 percent of consumers would be able to pay an...
When mental imagery and preconceived notions come into contact with reality, it can cause disorienting effects. For example, we tend to picture millennials and slightly older bridge millennials as having great-paying jobs and lifestyles to match. The truth is more complex. Get the Full Story...
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The July 2021 Credit Score Literacy and Building Credit Report, a collaboration between PYMNTS and Elan (a division of U.S. Bank), surveyed a census-balanced sample of over 2,050 consumers to gauge consumers’ sentiments on credit card issuers providing digital capabilities that assist in tracking and...
Consumer savings figures in the U.S. have not been terribly encouraging historically. A low savings rate comes as a direct result of the large swath of Americans living paycheck to paycheck. And it’s not just a problem of low-wage workers — some 37 percent of...
The difficulties of living paycheck to paycheck are more widespread than we tend to think, as revealed in Reality Check: The Paycheck-To-Paycheck Report, a PYMNTS and LendingClub collaboration, and part of a study series based on surveys of nearly 29,000 U.S. consumers. Get the Full...
New research reveals that among those living paycheck to paycheck in America are higher earners — including many in the six-figure salary range — painting a landscape of consumer financial wellness in startling hues, casting a spotlight on a disquieting set of issues. Get the...
