The Average Person Spends Half Their Paycheque in the First 48 Hours 💸⏳

Ever feel like your paycheque lands… and disappears just as fast? You’re not imagining it. A new report found that the average person spends nearly 48% of their paycheque within the first 48 hours of getting paid.

Even wilder? 35% of it is gone in the first 12 hours. Yes — half a day. Millennials are the quickest to spend (and no, it’s not because they ran out to buy a new TV, a Dyson Airwrap, or a Labubu collector’s item).

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🧾 It’s Not “Fun Money” — It’s Survival

Before we blame impulse buys or “treat yourself” culture, most of the spending is just… life:

• 52% say groceries and necessities are the first thing they pay for
• Many tackle major bills right away, like rent, credit cards, or payments due that week
• 32% knock off smaller bills like subscriptions, utilities, or phone bills

So basically, we’re not blowing money — we’re just trying to stay alive, caffeinated, and with Wi-Fi.

📅 The Real Problem? Pay Schedules vs. Life

A lot of the financial pressure comes from being paid bi-weekly while bills pop up all month long. No wonder it feels like the money comes “pre-spent.”

In fact, 62% of people say being paid daily — or as they work — would help their financial wellness and reduce stress. Imagine getting paid the same day you suffer through that annoying meeting? Bliss.