A third of Americans making more than $250,000 a year say they are living paycheck to paycheck, according to a survey from Pymnts.com and LendingClub Corp.
Among millennials, more than half of those making more than $250,000 say they spend all or most of their earnings each month, Bloomberg reported.
Those making more than $250,000 represent the top 5% of earners in the United States, according to the U.S. Census Bureau.