Fewer Americans are living paycheck to paycheck according to a new survey released by Career Builder

The number of people living pay check to pay check has declined, according to a new survey released Wednesday morning by Career Builder.

Out of 2,999 workers surveyed, 36% said they live pay check to pay check. The number is down from 40% in 2012.

The survey, conducted between May and June, shows more Americans are saving their earnings on a monthly basis.

70% said they feel fiscally responsible post-recession.

Career Builder reps said many households continue to struggle financially, but every year, fewer workers report living paycheck to paycheck.

Reps said that's a sign job security and spending power may be on the rise as the labor market improves.

Even with households trying to save money, there are certain expenses some workers won't cut out their budget according to the survey.

55% said they can't do without internet, and 40% said they won't stop driving. Other expenses included pets, smart phones, cable, travel and going out to eat.

The survey also reports that 41% of women live paycheck to paycheck over 31% of men.

Also, those closer to retirement are least likely to live paycheck to paycheck , unlike workers between the ages of 25 to 34.

Naturally, the survey showed that people are less likely to live paycheck to paycheck when their salary increases.

Print this article Back to Top