The publication examined a recent survey of nearly 3,400 consumers from LendingClub Corp. and Pyments.com.
Nearly 66 percent of Generation Zers were living paycheck to paycheck in March, up 8 percentage points from the same period last year. About 40 percent of Gen Zers said their paycheck only covers basic bills, and 31.4 percent reported high nonessential spending — the highest figure of any generation polled.
The amount of baby boomers who reported living paycheck to paycheck fell from 54.1 percent in March 2022 to 49.5 percent this March.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
