The study by CareerBuilder revealed that 40 percent of workers always, or usually, live paycheck to paycheck.
Just 23 percent of workers never rely on their next payday to make ends meet.
Consistent with past studies, women are more likely than men to live paycheck to paycheck, with one- quarter of female workers having missed at least one monthly bill payment in the past month, compared to 17 percent of men.
Overall, the study found that employees between 45 and 54 years old are the most likely to rely on each paycheck, with those over 55 the least likely to live payday to payday.
“Making ends meet remains a challenge for millions of households.
One of the ways employees have put themselves in a better financial situation is by cutting down on leisure expenses. However, the research found that there were a few things Americans are unwilling to forgo.
Nearly 60 percent of the employees surveyed said they are unwilling to stop paying for their Internet connection, regardless of their financial situation. Other things they refuse to give up include expenses related to driving and their pets, as well as mobile phones and cable television.
Put yourself in a better financial situation
If you’re looking to get out of the rat race , quit screwing around, and get started!
Every day you put it off, you rob yourself.