1 in 3 Chicagoans living paycheck-to-paycheck
CHICAGO (FOX 32 News) –
One in three Chicago residents can’t go more than a month without a paycheck.
According to the Springleaf Financial Strength Survey, 33 percent of Chicagoans are living paycheck-to-paycheck.
It also found that one in three Chicagoans has less than $250 in their bank account before payday and they’re not consistently adding to any savings.
The survey says rising costs and unexpected expenses are the main reasons for the lack in savings.