sprout.link Nov 04
Young Americans Are Blowing Their Entire Paychecks Two Days After Getting Paid:
Two days. That’s how long it takes for nearly half of the average American’s ...
vice.com/en/article/young-americans-are-blowing-their-entire-paychecks-two-days-after-getting-paid/
Photo: vice.com · view article
Young Americans Spend Paychecks Almost ImmediatelyNearly half of workers' pay disappears within 48 hours, with younger employees facing much higher overdraft fees than older generations.
- Almost 50% of an average American's paycheck is spent within two days of receipt.
- Millennials rapidly use about 40% of their earnings within twelve hours, incurring significantly higher overdraft fees.
- The initial 48 hours after payday are often devoted to paying rent, bills, and subscriptions due soon.
- Switching to daily or on-demand pay could substantially reduce financial stress and penalty fees.
Story Details
| Last Updated | |
| Total Articles | 1 |
Main Topics
News on this topic
sprout.link Nov 04
Young Americans Are Blowing Their Entire Paychecks Two Days After Getting Paid: Two days. That’s how long it takes for nearly half of the average American’s ...
vice.com/en/article/young-americans-are-blowing-their-entire-paychecks-two-days-after-getting-paid/
Similar to This
Previous
I'm A Gen Z Government Worker Who Just Went To My First Food Bank Because Of The Shutdown
huffpost.com/entry/government-shutdown-food-bank_l_690a23fde4b0d65f7022f68f
When Taxes Fall Short: Ecuador Uses Exceptional Revenues To Protect Paychecks: Ecuador’s president, Daniel Noboa, has authorized a narrow fiscal “exception” for ...
riotimesonline.com/when-taxes-fall-short-ecuador-uses-exceptional-revenues-to-protect-paychecks/
Paychecks for Patriots Job and Resource Fairs helping veterans and civilians find jobs
newschannel5.com/news/state/tennessee/davidson-county/paychecks-for-patriots-job-and-resource-fairs-helping-veterans-and-civilians-find-jobs
Government shutdown enters fifth week: Food aid and paychecks hang in the balance
upnorthlive.com/news/connect-to-congress/as-shutdown-consequences-mount-senators-try-to-find-ways-to-lessen-the-blow-snap-wic-troop-pay-congress-politics-government-funding
War 2 to be India’s most expensive film, Hrithik may take home Rs 100 cr – Cast packages revealed
financialexpress.com/life/entertainment/war-2-to-be-indias-most-expensive-film-hrithik-may-take-home-rs-100-cr-cast-packages-revealed/3927915/
Infographic: The Latest on Physicians’ Paychecks: Average compensation for doctors in a Medscape survey rose by a so-so 3.6% in 2024. Around 7 in 10 physicians ...
medscape.com/viewarticle/infographic-latest-physicians-paychecks-2025a10008jr
Paid articlePaywall Infographic: The Latest on Physicians’ Paychecks: Average compensation for doctors in a Medscape survey rose by a so-so 3.6% in 2024. Around 7 in 10 physicians ...
medscape.com/viewarticle/infographic-latest-physicians-paychecks-2025a10008jr
Paid articlePaywall
Sex, Power, And Paychecks: How Black Women Are Turning Pleasure Into Profit: Jamilah Mapp, Erica Dickerson, Mandii B and Weezy WTF are building empires and ...
essence.com/news/money-career/black-women-turning-pleasure-into-profit/
The Rule of 240 Paychecks in Retirement: The Rule of 240 Paychecks can help you plan for a lifetime of withdrawals. Because, like any good boss ...
kiplinger.com/retirement/retirement-planning/the-rule-of-240-paychecks-in-retirement
Full-Grown Adults Are Spending Their Paychecks on These Stuffed Animals for Stress Relief
rollingstone.com/product-recommendations/lifestyle/where-to-buy-jellycat-online-1235292916/
Hollywood Salaries Revealed: Who Makes How Much: A look at who earns what in the entertainment industry.
hollywoodreporter.com/lists/hollywood-salaries-revealed-ceo-actor-writer-editor-2024/
Next