Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home DramaAlert

Some Households Making $150K+ Are Living Paycheck-To-Paycheck –

rmtsa by rmtsa
October 31, 2024
in DramaAlert
0
Some Households Making 0K+ Are Living Paycheck-To-Paycheck –
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

‘We Now Have A Would-Be King — King Donald Trump The First? F**k That!’

Raise The ‘Roof’ And Guess The Scrambled Star!

Trump Lays Off More Than 4,000 Workers During Shutdown

paycheck to paycheck

by Kandiss Edwards

October 31, 2024

More money, same problems.

Millions of Americans above the poverty line are living paycheck to paycheck, according to a study released by the Bank of America Institute, which states that some households with an income of $150,000 or more are barely making ends meet.

Paycheck to paycheck is defined by the report as households that dedicate 95% of its income to household expenses. 

“More than a quarter of Americans, 26%, have necessary expenses that chew up more than 95% of their take-home pay, and nearly a third, 30%, of households, spend upwards of 90% of their income on critical bills like groceries, housing, utilities, gas, insurance, and child care,” Fox Business reported.

According to the study, every income bracket featured at least 20 percent of households struggling to get by.

Groceries

BLACK ENTERPRISE believes strongly that “health is wealth.” For that reason, being able to attain healthy food is essential to living a productive life. Unfortunately, the rise in inflation over the past couple of years has played a part in the rise in grocery spending. Post-pandemic inflation has risen causing the price of everyday goods to skyrocket by up to 20%. 

The inflation on goods means that more and more families are having to sacrifice pricier items, like organic fruits and vegetables, in favor of less expensive options.

Housing

The housing market has seen a similar rise in prices as the landscape has quickly shifted into a seller’s market. Zillow cites the average home in the United States at upwards of $350,000. This median is an increase of about 2.7% from the previous year while for many Americans as wages have been relatively stagnant. 

Child Care

The study defines childcare as daycare expenses and the costs of private schooling. The KPMG Parental Work Distribution Index released a report on the financial repercussions associated with childcare. Not only does the average American spend $11,000 a year on suitable childcare but they also lose wages if affordable and suitable childcare is unavailable.

“Between 1.2 and 1.5 million American workers—90% of whom are mothers—are missing work or cutting their hours every month due to limited, often unaffordable childcare options,” according to the report. 

As 2024 is an election year, many of these issues are being talked about on a national stage daily. Presidential candidate Kamala Harris has offered up multiple plans to help Americans deal with these issues, including a $6,000 tax credit for the families of infants to help offset the rising costs of parenthood.

Harris has also vowed to “crack down on unfair mergers” that allow corporations to monopolize the price of goods. 

RELATED CONTENT: Donald Trump Goes On Unhinged Tirade Against Oprah Winfrey, Kamala Harris



Source link

Tags: 150KHouseholdslivingMakingPaycheckToPaycheck
Share30Tweet19
rmtsa

rmtsa

Recommended For You

‘We Now Have A Would-Be King — King Donald Trump The First? F**k That!’

by rmtsa
October 12, 2025
0
‘We Now Have A Would-Be King — King Donald Trump The First? F**k That!’

Legendary actor Robert De Niro is calling on Americans to join him and take to the streets for upcoming “No Kings” protests calling out and resisting President Donald...

Read more

Raise The ‘Roof’ And Guess The Scrambled Star!

by rmtsa
October 12, 2025
0
Raise The ‘Roof’ And Guess The Scrambled Star!

Raise The 'Roof' And Guess The Scrambled Star! Published October 12, 2025 12:30 AM PDT Hidden behind this heavily-edited pic is a celeb and movie star, and since...

Read more

Trump Lays Off More Than 4,000 Workers During Shutdown

by rmtsa
October 12, 2025
0
Trump Lays Off More Than 4,000 Workers During Shutdown

by Daniel Johnson October 11, 2025 Trump has also mused publicly that Democrat workers should be fired. More than 4,000 federal employees received layoffs notices on Oct.10 following...

Read more

Rebecca Ferguson Revisits “Idiot” Co-Star She Spoke About Last Year

by rmtsa
October 12, 2025
0
Rebecca Ferguson Revisits “Idiot” Co-Star She Spoke About Last Year

Rebecca Ferguson has once again addressed that unnamed actor-cum-“absolute idiot” who previously made her life a living hell on set. In a new interview with The Sunday Times,...

Read more

Diane Keaton, Oscar-winning star of ‘Annie Hall’ and ‘The Godfather,’ dies at 79 – National

by rmtsa
October 11, 2025
0
Diane Keaton, Oscar-winning star of ‘Annie Hall’ and ‘The Godfather,’ dies at 79 – National

Diane Keaton, the Oscar-winning star of “Annie Hall,” “The Godfather” films and “Father of the Bride,” whose quirky, vibrant manner and depth made her one of the most singular actors of...

Read more
Next Post
‘RHONY’ Racquel Chevremont Slams Brynn as Biggest Pigeon

'RHONY' Racquel Chevremont Slams Brynn as Biggest Pigeon

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • STRANGE NEW WORLDS Season 4 — GeekTyrant
  • ‘We Now Have A Would-Be King — King Donald Trump The First? F**k That!’
  • Cardi B Calls BIA A ‘P***y’ For Backtracking After Losing Rap Beef

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In