Boomers Borrow

If you are finding it difficult to make ends meet, you are not alone, not by a long shot.

Yahoo: Survey: 1 in 10 boomers borrowing for everyday expenses

The economic downturn is hitting roughly one in 10 middle-aged and older Americans especially hard, compelling them to borrow money for everyday living expenses and to seek help from family, friends or charities, according to a survey released Tuesday by the AARP.

The majority of baby boomers said they were finding it more difficult to pay for essentials and utilities, and six in 10 said they had cut back on eating out and entertainment.