Living Paycheck to Paycheck is NOW A LUXURY

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00:00 Living Paycheck to Paycheck: You're above average
01:27 Wages vs. Inflation: Understanding the Financial Squeeze
02:55 Preparing for Income Changes: Budgeting and Financial Planning
04:30 Exploring Additional Income Streams: Gig Work and Professional Services
06:36 The Buy Now, Pay Later Trap: A Growing Problem for Younger Generations
11:05 Buy Now, Pay Later Companies: Rising Losses and Customer Defaults
15:47 Credit Card APRs: Rising Rates and the Cost of Debt

Living paycheck to paycheck not too long ago was looked at as a dire financial situation of someone living above their means. In 2025 it means you are ahead of almost 40% of wage earners who are living on debt. American finances are deteriorating quicker than ever.

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Articles Mentioned in the Video
https://apple.news/AISnYoy9dS6Ox2n25vPRAFg
https://apple.news/AuroIs5QBTZWL_mJ_oiqsUQ
https://apple.news/AhOG4teiKRrKZ1QipAd0RPw
https://apple.news/AAeYoRajTQTy8pQDnYlhkbw

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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.