As inflation rages, more Americans are struggling to pay their bills

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As inflation rages, more Americans are struggling to pay their bills
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Close to one-third of Americans are having difficulty paying their bills on time as a result of the hottest inflation in decades, with the cost of most goods climbing higher.

Forbes Media chairman Steve Forbes discusses the latest jobs report showing that 263,000 jobs were added in Sep. and unemployment at 3.5% on ‘Fox Business Tonight.’persisting for more than a year, a growing number of Americans are struggling to pay their bills as the price of everyday necessities remains near a four-decade high.

Another 40% of respondents said they are struggling more to afford their bills than they were just one year ago. Most said they fell behind on a utility bill, credit card payment or cable or internet bill. "Life is getting more expensive by the day, and it’s shrinking Americans’ already tiny financial margin for error down to zero," said Matt Schulz, LendingTree’s chief credit analyst. "Unless they’ve been able to increase their income, millions of Americans have had to make sacrifices because of inflation to pay the bills.

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