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Monday, April 28, 2014

Middle Class & Living Paycheck To Paycheck CNN Money

http://money.cnn.com/2014/04/25/news/economy/middle-class-paycheck/index.html?iid=HP_Highlight

About one-third of American households live "hand-to-mouth," meaning that they spend all their paychecks. But what surprised the study authors is that 66% of these families are middle class, with a median income of $41,000. While they don't have liquid assets, such as savings accounts or mutual fund holdings, they do have homes and retirement accounts, with a median net worth of $41,000.

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