Living paycheck-to-paycheck, even on a six-figure salary

WASHINGTON — CareerBuilder says 75 percent of Americans claim they are living check-to-check just to make ends meet, at least sometimes.

Its survey says 38 percent of working Americans occasionally barely make it to the next payday.

Another 15 percent say they usually live paycheck-to-paycheck, and another 23 percent say they always do.

Among minimum wage workers, 66 percent say they can’t make ends meet and 50 percent say they have to work more than one job to pay the bills.

CareerBuilder surveyed more than 3,200 full-time workers and more than 2,100 full-time hiring and human resource managers from May 11 to June 7.

But there are plenty of well-paid professionals that find themselves crawling to the next payday.

The survey says 19 percent of workers at all salary levels were not able to make ends meet every month, including 9 percent of workers making $100,000 or more.

And 23 percent of Americans making between $50,000 and $100,000 live check-to-check.

Keeping up with heavy debt eats away a big chunk of Americans’ wages. The CareerBuilder survey says 68 percent of all workers are in debt, and 55 percent of them think they will always be in debt.

Jeff Clabaugh

Jeff Clabaugh has spent 20 years covering the Washington region's economy and financial markets for WTOP as part of a partnership with the Washington Business Journal, and officially joined the WTOP newsroom staff in January 2016.

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