62% of Millennials Are Living Paycheck to Paycheck

Nearly two out of three millennials are living paycheck to paycheck.

According to a new survey out from Charles Schwab, only 38 percent of people ages 23 to 38 years-old feel they are financially stable.

Millennials also reported carrying debt and spending an average of $478 each month on nonessential items like dining out, entertainment, luxury items, and vacations.

To read the full breakdown check it out here!

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