Inflation has 60% of Americans Living Paycheck to Paycheck

1 year ago
6

Inflation is Americans number one concern right now and it's understandable, we haven't seen these levels of inflation in 40 plus years and Americans who are used to cheap food, cheap gas, and cheap goods in general are paying out the butt for everything. This all the while were being told inflation is transitory, don't worry, and no were not in a recession, we've changed the definition of what a recession is to assure we're not in one. In today's video we discuss a recent article from CNBC which talks about how 60% of Americans are now living paycheck to paycheck to due out of control inflation. One thing we constantly talk about on this channels is starting businesses, creatine multiple income streams, saving and investing and living frugally or within our means while avoiding lifestyle inflation. If you've been doing these things you're likely in a position to be able to better weather this current storm than others, if you haven't been doing these things you're behind the eight ball but it's not too late to start.

Unrelenting inflation is taking a toll, leaving more Americans living paycheck to paycheck
https://www.cnbc.com/2022/09/30/stubborn-inflation-forces-more-americans-to-live-paycheck-to-paycheck-.html

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