• 𝕯𝖎𝖕𝖘𝖍𝖎𝖙
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    010 months ago

    Neither you nor I have a decent source yet. All of these sources are from surveys, you just pick your organization. A skimming of the google search results for this gives numbers in the 55% to 69% range, but that’s not a good source. So far what we’ve found is:

    Forbes survey: 40% Lending club survey 60%

    I don’t have a source for 80% where the meme claimed.

    • @iopq
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      10 months ago

      Because 80% is not correct. The median person has $8,000 saved in just their bank accounts, not including retirement (which you can take out paying a penalty) and CoD (which you can take out after paying a few months penalty)

      https://www.forbes.com/advisor/banking/savings/average-savings-by-age/

      So half of people have more than this amount saved. I personally have less than this in my bank and a lot more in taxable investments which were not measured

      How do people save if 80% are living paycheck to paycheck?

      • 𝕯𝖎𝖕𝖘𝖍𝖎𝖙
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        10 months ago

        And your number is also not correct! See how this works?

        Again my guy. a mag for rich folks isn’t going to be unbiased