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73% of millennials in US living paycheck to paycheck: Report

A new report has found out that almost three-quarters of millennials -- people born from 1981 to 1996 -- in the United States are living paycheck to paycheck.

The survey, entitled “New Reality Check: The Paycheck-to-Paycheck Report,” was released on Saturday by PYMNTS, a company that reports on financial news and data, and the financial services company LendingClub, The Hill reported.

The report found 60.1 percent of American consumers were living paycheck to paycheck last month, including 73.2 percent of millennials.

In the meantime, 65.5 percent of consumers of Generation Z -- the generation born in the late 1990s or the early 21st century -- and 64.2 percent of Generation X – the generation born before millennials -- were living paycheck to paycheck, but only 49.5 percent of baby boomers and senior citizens were. Baby boomers were born in the years following the Second World War, when there was a temporary marked increase in the birth rate.

Respondents who said they were living paycheck to paycheck said that their paycheck only covers basic bills.

More than 25 percent of respondents also said they pay for expenses for other family members and have major debts to pay. About one-third of millennials cited each of these reasons.

.......More Below

https://www.presstv.ir/Detail/2023/04/29/702445/73--of-millennials-in-US-living-paycheck-to-paycheck--Report

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Ghana Interested in Purchasing Floating Nuclear Power Plant From Russia - Envoy

Ghana is interested in purchasing a floating nuclear power plant from Russia, Ghanaian Ambassador to Russian Koma Steem Jehu-Appiah told Sputnik.

"I know that our minister of energy was here last year and signed a corresponding agreement. I think this is innovative, and in a conversation with the minister of energy, he said that the country is interested.

So, Ghana could purchase such a nuclear power plant," the diplomat said when asked about the possibility of Ghana purchasing a floating nuclear power plant.
Russia and Ghana began cooperation in the field of nuclear energy after signing an intergovernmental agreement in 2015.

The agreement outlined plans for joint work in the areas of training specialists, building nuclear power plants and related infrastructure, and providing maintenance services. In October 2023, representatives of Rosatom met with the Ghanaian Ministry of Energy in Cape Town. At the meeting, Russia proposed using floating nuclear power plants to supply power to ...

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