LendingClub - New Reality Check: The Paycheck-To-Paycheck Report - The Financial Goals Edition - December 2022 - Discover how inflation will impact consumers’ ability to meet their financial goals

New Reality Check: The Paycheck-To-Paycheck Report: The Financial Goals Edition

More Than Half of Paycheck-to-Paycheck Consumers Say Inflation’s Made It Harder to Meet Long-Term Financial Goals 

The latest edition of “New Reality Check: The Paycheck-To-Paycheck Report,” a PYMNTS and LendingClub collaboration, explores how lingering inflation has impacted 3,895 U.S. consumers, diminishing their capacity to put aside savings to reach their long-term financial goals.

Inside the December Report

  • 42%: Share of consumers who were living paycheck to paycheck without issues paying their bills in November
  • 31%: Portion of paycheck-to-paycheck consumers with issues paying their monthly bills who say paying off debt is their most important short-term financial goal
  • 22%: Share of millennials who are not saving money and have no pre-existing savings

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    New Reality Check: The Paycheck-to-Paycheck Report