The way the economy has been in recent years, it’s no surprise that many people who are employed still have difficulty making ends meet. Just last year a poll from Shelter and YouGov found that three million working families wouldn’t be able to pay their rent or mortgage for even a month if they lost their income.
Living paycheck to paycheck has become increasingly more common. Financial analysts point to the ever-rising housing costs as the main culprit. It’s left many families unable to save money for an emergency expense.Continue reading