Nearly eight out of 10 workers (78%) live paycheck to paycheck, according to a new survey from CareerBuilder.com. That’s up from 75% last year, and it applies even to those making six figures: one in 10 workers making $100,000 or more say they live paycheck to paycheck. If you’re putting away adequate savings for your goals and you have a healthy emergency fund, living paycheck to paycheck isn’t necessarily a disaster. “The events in Houston are a stark reminder of the perils of living paycheck to paycheck,” says Thomas Balcom, a financial planner in Lauderdale-by-the-Sea, FL. If you plan to save “whatever’s left over” after you spend the rest of your paycheck, you’ll never put anything away.

Source: Forbes August 30, 2017 11:03 UTC