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re: How much money should you have in the bank by age 30.
Posted on 9/22/17 at 8:16 am to GermantownTiger
Posted on 9/22/17 at 8:16 am to GermantownTiger
hard cash probably had close to 50k in the bank. But I also did not have kids until mid 30's which made saving money during those growing years as a professional much easier to save and advance my career vs those with kids.
"70% of Americans don't have $1000 of expendable cash, in case of an emergency
That is just mind boggling"
I know I live in a bubble but it seems like this has to be somewhat skewed.
US citizens / bank accounts with 1k = %
Certainly there are cash under mattress, under 21, and others to take into account. Even at 50% its still pretty alarming.
"70% of Americans don't have $1000 of expendable cash, in case of an emergency
That is just mind boggling"
I know I live in a bubble but it seems like this has to be somewhat skewed.
US citizens / bank accounts with 1k = %
Certainly there are cash under mattress, under 21, and others to take into account. Even at 50% its still pretty alarming.
This post was edited on 9/22/17 at 8:27 am
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