The Generational Deep Dive Edition

Millennials With Debt and Dependents Most Likely to Feel the Financial Crunch Consumers of all generations live paycheck to paycheck, but nearly three-quarters of millennials live this way — even though 79% of them earn most of their household’s income. PYMNTS latest survey of 3,363 U.S. consumers, “New Reality Check: The Paycheck-to-Paycheck Report,” a LendingClub collaboration, details these generational differences.
Inside the April Report
  • 66%: Share of Gen Z consumers who lived paycheck to paycheck in March 2023
  • 51%: Share of baby boomers and seniors who have experienced at least one financially distressing event in the last three years
  • 73%: Share of Gen Z paycheck-to-paycheck consumers who have spent $100 on a nonessential expense in the last three months

    First Name*

    Last Name*

    Title*

    Company*

    Country*

    Work Email*

    BY COMPLETING THIS FORM, I HAVE READ AND ACKNOWLEDGED THE TERMS AND CONDITIONS.

    The Paycheck-to-Paycheck Report