New Reality Check: The Paycheck-To-Paycheck Report February 2022 - Discover why the number of consumers living paycheck to paycheck continues to rise across generations

Paycheck-to-​Paycheck Ranks Swell as Rising Prices Erode Savings

New Reality Check: The Paycheck-To-Paycheck Report: The Generational Divide Edition

Sixty-one percent of U.S. consumers were living paycheck to paycheck in December, up 7 percentage points since May 2021. The New Reality Check: The Paycheck-To-Paycheck Report, a PYMNTS and LendingClub collaboration, surveyed over 3,000 U.S. consumers to learn how factors such as inflation and dwindling savings are affecting their financial lifestyles — and how they are coping.

Inside the February Report

  • 61%: Share of the U.S. population living paycheck to paycheck as of December 2021
  • 54%: Portion of baby boomers and seniors who live paycheck to paycheck
  • $1,158: Average savings of struggling Gen Z paycheck-to-paycheck consumers as of December 2021

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    New Reality Check: The Paycheck-to-Paycheck Report