LOUISVILLE, Ky. (WAVE) – It’s a serious situation that many Americans find themselves in: living paycheck-to-paycheck, regularly spending nearly all they earn on necessities to survive, leaving little to nothing left over for savings or emergencies.
“When people start going into debt, they’re less likely to budget,” Don Silvestri said.
Silvestri, President of Debt.com, found their annual survey results a bit distressing for 2025. For eight years, Debt.com has examined the budgeting and spending habits of Americans…