It’s been a long time since most Americans saw a substantial increase in their earnings. Middle-class incomes have barely kept pace with inflation over the last several decades. And that means more Americans are just barely getting by.
The results of a recent survey by Bankrate show that 38% of people rate staying current on their bills as their number one financial priority. Only 21% said paying off debt, and 18% saving for the future.
Without the money necessary to pay off debts or invest for retirement, many Americans could find themselves in trouble later in life. For the full story, click here.