over 78% of americans 
are living 
PAYCHECK TO PAYCHECK

According to a report by the Federal Reserve Bank of New York in a February 2019 Washington Post article:

A record 7 million Americans are 3 months behind on their car payments, a red flag for the economy...When car loan delinquencies rise, it is usually a sign of significant duress among low-income and working-class Americans.

Rising Cost of Living

vs 

Household Income 

​Business Friendly 

​vs ​Worker Friendly Government

Six-month
 Emergency Funds

are M.I.A.

Paycheck to Paycheck

causes major

amounts of stress

The cost of living keeps rising however household income has not kept up at the same pace.

Unfortunately this creates a detrimtental imbalance with no end in site. It's like constantly playing a game of catch-up that you cannot win.

According to an article in The Guaridan, "It is no coincidence that all three branches of the federal government, as well as most state governments, have become more “business-friendly” and less “worker-friendly” than at any time since the 1920s..."

Fiancial experts agree that an emergency fund, preferably at least six months is needed to cover unexpected expenses and emergencies - anything from car or house repairs, dental emergencies, etc.

Living paycheck to paycheck means you can't save for emergencies.

According to the American Psychological Association,  (APA), "...money continues to be a top cause of stress for Americans."

This has a negative impact on relationships in addition to the fact that many people are putting their health-care needs on hold because of financial concerns.