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Many Americans living paycheck-to-paycheck

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Posted at 6:29 PM, Jun 24, 2013
and last updated 2013-06-24 18:29:08-04

Roughly three quarters of Americans are living paycheck-to-paycheck.

A new survey found that fewer than one in four Americans have enough money in their savings account to cover at least 6 months of expenses.

About half of those surveyed have less than a 3-month cushion and 27 % have no savings at all.