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Are most Americans barely holding their head above water when it comes to personal finances?

That鈥檚 what various US politicians and news outlets keep suggesting.

They can鈥檛 stop using a statistic about people living 鈥減aycheck to paycheck鈥�.

But what does this really mean?

We go behind the headlines to unpick the numbers.

Contributor:
Ben Krauss, journalist

Presenter: Charlotte McDonald
Producer: Vicky Baker and Lizzy McNeill
Series Producer: Tom Colls
Production co-ordinator: Katie Morrison
Sound Engineer: Andrew Mills
Editor: Richard Vadon