Unexpected Expenses Hit More Consumers Still Keeping Up With Bills
By PYMNTS
AI summary of the source article
In October, 32.5% of paycheck-to-paycheck consumers who manage their bills without issues reported an unexpected expense of $1,200 or more over the prior 90 days. This represents an increase from 27.1% recorded in August.
Key facts
- In October, 32.5% of consumers living paycheck to paycheck without issues paying bills reported an unexpected expense of $1,200 or more in the previous 90 days.
- The share of such consumers facing an unexpected expense of at least $1,200 rose from 27.1% in August.
Source excerpt · PYMNTS
Keeping up with monthly bills leaves another financial test for paycheck-to-paycheck consumers: finding room for expenses they hadn’t planned to pay. In October, 32.5% of consumers living paycheck to paycheck without issues paying bills reported an unexpected expense of $1,200 or more in the previous 90 days, up from 27.1% in August. That increase was […] The post Unexpected Expenses Hit More Cons…