Well, here's some less-than-good news as you prepare for the holiday season.

Money is always tight this time of year, and with Biden's "best economy ever," somehow things are worse than normal.

As a matter of fact, more than half of all Americans say that they are facing financial hardship this year as we head into the holidays.

According to a recent Gallup poll, many U.S. adults indicated their households have experienced financial hardship because of rising prices.

The poll, released Tuesday, found the proportion of Americans who said inflation was making their households experience financial hardship was 55%, marking a 1% drop from August. Of those in the latest poll reporting experiencing financial hardship, 13% said it as "severe" and impacting their ability to keep up their "current standard of living," according to Gallup.

People are having to cut back, change plans, and sacrifice because it's just too expensive to live in today's economy.

The Gallup poll also revealed what percentages of U.S. adults in three income levels said their households had faced financial hardship over inflation, with lower-income Americans seeing the highest percentage, at 77%.

About 60% of middle-income adults reported rising prices causing hardship. Among upper-income Americans, less than half (42%) said inflation had done so.

Yep, if you ask the average middle-income or low-income American, most of them will tell you that this economy is a complete struggle causing them hardship.

Things are so much worse for Americans today versus just a few years ago and there are no signs of improvement. Hang tight, America.