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he'd be sending check after check, meanwhile bread would cost $20 p/loafImagine how bad it would be under Drumpf though.
he'd be sending check after check, meanwhile bread would cost $20 p/loafImagine how bad it would be under Drumpf though.
Pretty sure it's sarcasm but can't be certain.Hopefully it becomes 200% I want everything to double in value
That's average as in mean, which gives a skewed figure by including wealthier population. Look at median savings for a better picture.The average American savings account balance is $62K (down 15% from last year). That image in the OP says its from a 2019 survey.
https://www.marketwatch.com/picks/h...ght-feel-inadequate-in-comparison-01646168736
https://www.cnbc.com/2022/05/21/americans-now-have-an-average-of-9000-dollars-less-in-savings-than-in-2021.html#:~:text=The ongoing economic effects of,recent 2022 Planning & Progress study.
I would say the main issue is bad housing policy, we had terrible housing prices before we sanctioned China.China makes most of what your house is made of. The OSB board, roofing materials, faucets, toilets and so on.
Everything is a derivative of oil. Like food is made and transported with oil fertilizer and oil ran tractors and oil ran tractor trailers. Maybe if Biden didnt sanction half the world that would be cheap too.
It's all political mistakes that have us in this pickle.
It's ok though hes making a recession - just make money sparse QT and they come down because no one can afford for or energy.
Pretty sure it's sarcasm but can't be certain.
That's average as in mean, which gives a skewed figure by including wealthier population. Look at median savings for a better picture.
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Savings accounts are a bad measure of wealth, since keeping money in savings is basically losing money especially with high inflation. I only keep like $25K in my savings account, I have a lot more money invested.
Pretty sure it's sarcasm but can't be certain.
That's average as in mean, which gives a skewed figure by including wealthier population. Look at median savings for a better picture.
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You honestly should never have more than a 6-12 month emergency fund in savings anyway.
I imagine for most that’s 20-50k. Anything above that is wasteful.
Unless you are trying to buy a house. I imagine people who missed the boat are pretty fuckity fucked right now.
Savings should literally only be to cover your ass in the event of an emergency. Keeping more than an emergency fund in an account that doesn’t earn just means your money disappears with inflation.What? How so? The more the better. I don't understand. Unless you mean investing in something
They change the definition of woman ffs depending on whether they're trying to manipulate their base on trannies or abortions and you thought there was a chance they'd keep a consistent standard when it comes to how badly they're trashing the economy? They're going to need a shitload more drop boxes for this election.Yup just like they changed the definition of a vaccine. If something isn't going right they just change the definition to fit the agenda.
Why? What if you have unexpected emergency expenses? Like needing a new water heater or medical bills?Savings should literally only be to cover your ass in the event of an emergency. Keeping more than an emergency fund in an account that doesn’t earn just means your money disappears with inflation.
6 months is fine, some like 12 months — anything more just means you’re losing money for no reason.
Emergency fund. Calculate 6-12 months and there is your number. Thats what I said to do.Why? What if you have unexpected emergency expenses? Like needing a new water heater or medical bills?
How do you calculate? I would assume you would take into consideration all your typical monthly expenses and multiply that by 6-12. Then maybe multiply that by 10%?Emergency fund. Calculate 6-12 months and there is your number. Thats what I said to do.
That’s basically what I do.How do you calculate? I would assume you would take into consideration all your typical monthly expenses and multiply that by 6-12. Then maybe multiply that by 10%?