State of the Union: More Americans Living Paycheck to Paycheck

“(MoneyWatch) Roughly 38 percent of Americans live paycheck-to-paycheck, while just 30 percent are economically comfortable, according to a study released Monday by the Consumer Federation of America and Certified Financial Planner Board of Standards. That’s a reversal of fortunes from 1997, when roughly 38 percent of the country said they felt financially comfortable and only 31 percent were living on the economic edge.”

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