Six in 10 Americans live paycheck-to-paycheck

Photo by: WDAY Radio Staff
Photo by: WDAY Radio Staff

(Washington, DC) -- Close to six in 10 Americans say they live paycheck-to-paycheck.

A CNBC-Momentive survey found that 58 percent of U.S. adults live this way, and 70 percent said they're stressed about their personal finances.

About the same portion, six-in-10 respondents across all income brackets said inflation is a key reason for their financial woes.

Over 40 percent mentioned "economy-wide instability" and 35 percent said their lack of savings and rising interest rates were to blame.