Today in Data: Navigating Life, Paycheck to Paycheck

By  |  May 31, 2022
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Today in data, research shows millennials live paycheck to paycheck more than any other age demographic, although that number is creeping up for other age groups too.

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    $3,731: Average savings of millennials living paycheck to paycheck with issues paying their bills, more than three times the amount of their Gen Z counterparts.

    54%: The number of baby boomers and seniors living paycheck to paycheck, up from 40% last year.

    42%: The number of baby boomers and seniors living paycheck to paycheck with issues paying and who would be unable to afford a $400 emergency.

    7 in 10: The number of millennials living paycheck to paycheck.

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    1 in 10: The number of millennials using buy now, pay later for online purchases, up from around 5% in December 2021.


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