Living paycheck to paycheck more common among younger Americans

In September it was reported that more than two-thirds of Americans are living paycheck to paycheck. Workers are stretching their earnings as far as possible in order to cover their expenses.

A new poll from Harris Interactive has shown that younger consumers are more likely to lead this lifestyle than senior citizens. The survey's result notes that 53 percent of respondents between the ages of 18 to 47 said they live paycheck to paycheck. Only 28 percent of those over the age of 67 follow that same financial plan.

If younger workers are faced with unexpected expenses, the consumers won't be able to keep their heads above water. There are financing options available, such as quick cash loans, that people can use when faced with mounting bills.

In some states payday loans are available so that borrowers can access future earnings before their paychecks clear. CASH 1 offers a wide range of lending options to consumers who can't cover their expenses with earnings from a single pay period.

The lender has title and personal loans available, so applicants can find the most sensible plan for their budgets.


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