LendingClub - New Reality Check: The Paycheck-To-Paycheck Report: The Economic Outlook and Sentiment Edition - January 2023 - Learn how inflationary pressures and economic uncertainty impact consumers living paycheck to paycheck and their 2023 financial expectations

The Economic Outlook and Sentiment Edition

More than Half of High-Income Consumers Now Live Paycheck to Paycheck 

Nearly two in three consumers are living paycheck to paycheck — including more than half of those with incomes above $100,000. The latest edition of “New Reality Check: The Paycheck-to-Paycheck Report,” a collaboration with LendingClub, draws on a survey of 3,989 U.S. consumers to examine the impact of inflation and economic uncertainty across income brackets as they cut big-ticket spending.

Inside the January Report

  • 55%: Share of consumers who did not purchase a new car in 2022 and do not plan to do so in 2023
  • 35%: Portion of consumers who said they will incur leisure travel expenses in 2023
  • 73%: Share of paycheck-to-paycheck consumers with issues paying bills who cite inflation as the reason they expect a worse financial situation in the next year

    By completing this form, you agree to receive marketing communications from PYMNTS and consent to the sharing of your information with our sponsors, where applicable, in accordance with our Privacy Policy and Terms and Conditions. Sponsors may use this information to contact you directly. You may update your preferences or withdraw your consent at any time.

    to our daily newsletter, PYMNTS Today.

    New Reality Check: The Paycheck-to-Paycheck Report