Amy Legate-Wolfe,
On paper, it looks like you’ve made it. You’ve hit that six-figure dream. But these days it may not be enough.
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The old benchmark $100,000 salary that put baby boomers into the category of “rich” is coming up short, according to a recent survey by PYMNTS. The survey found that about 70% of millennials are still living paycheck to paycheck, while the median salary remains at about $70,000 for Americans.
Moreover, millennials are now the largest generation to find this struggle is an everyday challenge, with 33% finding it difficult to pay their bills.
Here’s why the American dream feels more like a reverie for younger generations — and what you can do to claw back some of your buying power without having to negotiate for a raise.
Fuente: MoneyWise