1 in 5 workers runs out of money before payday

From gas to groceries, soaring prices are straining households across the board.

More than three-quarters of working Americans said inflation has impacted their finances over the past year, according to a report by Salary Finance.

While wage growth is high by historical standards, it isn’t keeping up with the increased cost of living, which is rising at the fastest annual pace in about four decades.

When wages increase at a slower pace than inflation, paychecks won’t stretch as far.