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1. Seven out of every ten families in America live

loan to loan

job to job

paycheck to paycheck

house to house

User Vettori
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1 Answer

5 votes

Answer:

paycheck to paycheck

Step-by-step explanation:

Living from paycheck to paycheck means that a big proportion of an individual or household income is spent on expenses. It is a situation where individuals do not save for emergencies and have no tangible investments. Almost all their incomes are spent on consumables.

In the US, over 70 % of households have not saved for rainy days. Should these families lose their source of income, they will have challenges in meeting their financial obligations almost immediately.

User Steven Dake
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