Even the wealthy are struggling these days

Low-wage workers aren’t the only group of Americans regularly spending most or all of their paychecks.

A greater share of Americans who earn more than $250,000 annually are spending all of what they bring in, compared with workers earning less than $100,000, according to a new analysis from the Bank of America Institute.

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To be sure, people who are truly living “paycheck-to-paycheck” tend to be lower down the income ladder, the company said. But the findings also show that a significant share of workers at all income levels regularly spend all of their income — or more.

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