Per CNBC and Lending Tree
A survey of 5000 adults in August found that 66% of Americans are worse than a year before due to inflation. 1 out of 3 workers is running out of money before their next payday, even those earning over $100k.
72% of consumers have fewer savings than they had a year ago, up from 55% in February. 29% of consumers say their entire savings are gone.
Another report by LendingTree found that 40% of adults are less capable of paying the bills compared to a year ago.