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It's Time to Nix the Two-Week Pay Cycle
5 monthes ago - By Fortune
There's a general preconception about the kind of person who struggles to make ends meet between paychecks: low income, marginally employed, entry level. Maybe it's a single mom working two or three jobs to support her kids, or maybe it's a student working part time and shouldering loads of debt.
But the truth about who's really living paycheck to paycheck is quite different: It isn't just hourly workers in entry-level roles. It's many of us.
A 2018 report from the Board of Governors of the Federal Reserve System notes that 40% of adults in the U.S. don't have enough savings to cover a...
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