Even wealthier Americans are feeling financially strained as the prices for goods keep climbing.
Even top earners are stretched thin, the report found. Of those earning $250,000 or more, 36% said they live paycheck to paycheck.
"These high-income earners have an average FICO score of 758," Nayar added."They are creditworthy but they have higher financial obligations and are more likely to leverage their capital to finance their lives." "I've seen households of all means fall into this trap," said Joe Buhrmann, a certified financial planner and senior financial planning consultant at Fidelity's eMoney Advisor.
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