The Truth About Why People Are Broke (Even High Earners)

With so many people living paycheck to paycheck, it raises an important question: why are so many people struggling today? According to Investopedia, about 50% of Americans say they live paycheck to paycheck — and surprisingly, around 40% of those earning $300,000 or more report the same. So is it poor financial choices, the state of the economy, or something else? Let’s take a look at what others have to say are the major reasons behind this and explore why so many feel like they just can’t get ahead.