Living payday to payday?

According to this CNN post if you are living payday to payday, you are not alone:

Four-in-ten workers (41 percent) say they often or always live paycheck to paycheck, according to CareerBuilder.com's latest survey.

At the end of 2006, the Bureau of Labor Statistics (BLS) reported the average weekly earnings of a full-time worker was $682.

Take out taxes and other deductions like Social Security and Medicare, and that take-home pay is even less. Now subtract money spent on food, clothing, rent or mortgage, utilities, transportation, healthcare, education and other services for day-to-day living and there's often not a lot left over.

Savings is also down:

One-in-five said they don't set aside any money for savings each month. Twenty-eight percent save $100 or less per month and 16 percent save less than $50. And those golden years might not be so golden: 25 percent don't participate in a 401(k), IRA or other retirement plan.

I have to say since I have started tracking our spending and sticking as closely to our budget it has been better. That's just one of the tips suggested...