News Videos
10 Shocking Money Stats About the Average Person
💰 I made a free Savings Tracker that shows how much money you’re actually saving.
Grab it here: https://everydayfinance.gumroad.com/l/vebsed
It adds up faster than you think!
Check out my favorite book here: https://amzn.to/3ZLjBZd
Do you think you’re doing worse, the same, or better than the average person with money?
In this video, we break down 10 shocking money statistics about the average person — and each one gets more eye-opening than the last.
Some of these will make you feel better.
Some might scare you.
But all of them will show you why a few smart habits can put you ahead of 90% of people.
By the end, you’ll know exactly how you compare financially — and what actually matters.
⏱️ TIMESTAMPS
0:00 – Intro
0:23 – 10
0:48 – 9
1:13 – 8
1:32 – 7
2:01 – 6
2:34 – 5
3:30 – 4
4:22 – 3
5:05 – 2
6:01 – 1
Sources & References
1️⃣ Median U.S. Income
Bureau of Labor Statistics (BLS) – Median weekly and annual earnings
https://www.bls.gov
2️⃣ Average Household Expenses (Housing, Food, Transportation)
Bureau of Labor Statistics – Consumer Expenditure Survey
https://www.bls.gov/cex/
3️⃣ Americans Living Paycheck to Paycheck
LendingClub – Paycheck to Paycheck Report
https://www.lendingclub.com/resources/paycheck-to-paycheck-report/
4️⃣ Emergency Savings Under $100
Federal Reserve – Economic Well-Being of U.S. Households
https://www.federalreserve.gov/consumerscommunities/shed.htm
5️⃣ Average Credit Card Debt & Interest Rates
Federal Reserve & Experian – Consumer Credit Data
https://www.federalreserve.gov
https://www.experian.com
6️⃣ Retirement Savings by Age
Federal Reserve – Survey of Consumer Finances (SCF)
https://www.federalreserve.gov/econres/scfindex.htm
7️⃣ Percentage of Americans With No Retirement Savings
Federal Reserve – Survey of Consumer Finances
https://www.federalreserve.gov/econres/scfindex.htm
8️⃣ IRA Money Left in Cash
Vanguard – IRA & Retirement Savings Research
https://investor.vanguard.com/investor-resources-education/retirement
9️⃣ Median Net Worth & Top 10% Wealth Threshold
Federal Reserve – Survey of Consumer Finances
https://www.federalreserve.gov/econres/scfindex.htm
🔟 U.S. Savings Rate & Trillions in Bank Deposits
Bureau of Economic Analysis – Personal Savings Rate
https://www.bea.gov
Federal Reserve – Deposits & Money Supply Data
https://www.federalreserve.gov
Millionaires in the U.S.
Credit Suisse – Global Wealth Report
https://www.credit-suisse.com/about-us/en/reports-research/global-wealth-report.html
Bankrate – Savings by Age
https://www.bankrate.com
#Money #PersonalFinance #Wealth #FinancialFreedom #Investing #Savings #Debt #Retirement #NetWorth #MoneyTips #Finance
source
You must be logged in to post a comment Login