For many Americans, payday can't come soon enough.
As of June, 61% of adults are living paycheck to paycheck, according to a LendingClub report.
In other words, they rely on those regular paychecks to meet essential living expenses, with little to no money left over.
Almost three-quarters, 72%, of Americans say they aren't financially secure given their current financial standing, and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.
That amount already accounts for about 61% of the median take-home pay.
Persons:
Ida Rademacher, there's, Kamila Elliott
Organizations:
Aspen Institute, Principal Financial, Institute, Finance, U.S . Bureau of Labor Statistics, for Community, Economic Research, Wealth Partners, CNBC's
Locations:
U.S, Atlanta