As we approach the holiday season, a recent report from LendingClub shines a light on the financial challenges that Americans are grappling with. The findings reveal that 60% of the population is living paycheck to paycheck, and those earning less than $50,000 annually are feeling the impact the most, with a significant 76% rate. Despite these economic hardships, 77% of consumers are expected to participate in holiday shopping, although there’s a slight decrease compared to the previous year.