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How much cash money do you have saved?
I'm curious, I know many Americans are in BAD financial situations right now but I am wondering about the "average" individual/family. I watch Suze Orman and listen to the people on her show and many have TONS of savings but then I hear about people that have lost everything. I am wondering what does the typical person have. Please include your age, number of family members, and how many adults contribute to that figure. Just cash --not 401K, IRA's, etc..
3 Answers
- David MLv 71 decade ago
Lots, I have always lived within my means and have 401K's an IRA, stocks ans mutual funds. I also have lots saved up in a few bank accounts as until recently they were only insured up to $100,000.