69% of Americans have <1000$ in Savings

Holy fuck lads

Other urls found in this thread:

dqydj.com/net-worth-by-age-calculator-united-states/
theatlantic.com/business/archive/2016/08/union-inequality-wages/497954/
oecdbetterlifeindex.org/topics/income/
twitter.com/NSFWRedditVideo

>69%

poor people don't deserve to live

wtf? lol

>34%
>$0
what fuck

Wtf I'm a guy in college and I'm in the top percentile

you have a savings account? what the fuck for?

>keeping your money in a (((bank)))
The statistics would read me at zero % but the truth is I have thousands of dollars saved under my mattress

Where should I keep my money? Under the bed?

Don't you get a percentage of your deposit annually in usa?

Honestly only the top 15% have a usable emergency fund. Unless the rest of these guys have cash hidden in their house, they'll be fucked if things go bad.

What is a "savings account"?

idk, on a regular debit account? or maybe invest it in something? how much interest do you get annually from the bank for your savings?

I have around 12000$ in a saving account because you never know, the rest is invested

I am 20 and I have like 1300$ that's it
i have frieds who be like
"i can get taco bell but I only have 27$ in my bank account"

reeeee literally 10x more than I have, but that's okay
where you save till you are old
I made three cents this year

Do Americans have big retirement savings but are those considered different from a "savings account"?

OP's image is clickbait.

>Unemployed student
>Worked for like 3 months during the summer
>If I didn't have to pay for University I'd be in the top 14% for Americans
>Because I did I'm in the top 20%
>mfw I have no face

If you want to learn how plebian you are.

dqydj.com/net-worth-by-age-calculator-united-states/

Is net worth just all the money I have in the bank + all the major stuff I own?

People with student loans would kill to be at $0.

yes minus all debts

>76%
>from working a job that requires no education

No wait, I had it set on the wrong age
>its 88%

Lmao, im 25 and have a bit over 13k on normal account.

My ''save up for a house'' account has 33k.

Converted from 35k CAD

That's about how much I have. Feel bad for student loancucks

literally why? I started a retirement account about a year ago to take 10% out of my pay each month, and I've already got around $2,000 saved up

Iceland doesn't have free uni? How much is a normal public uni per year?

No, we don't have free university here.
We also don't really have that many, only two that are of any worth that almost everyone goes too.
HÍ(Háskóli Íslands) and HR/RU(Háskóli Reykjavíkur/Reykjavík University)
HÍ costs about 675 in American dollarydoos a year while HR/RU costs from 2.2k dollarydoos and up per semester.

Well memed. Dont forget to pay taxes goy!

>$675
>$2,200
So basically free

I hear that Americans have some stocks instead of savings.

Yeah, compared to most countries it is

>22 years old
>$270K CAD and growing quickly

Finally feels good to be a cryptonerd. I used to be jealous of normies who had any kind of job but now I see them like poor wagecuck peasants.
Oh and buy ethereum.

Congrats user, but you do know that cryptocurrency is useless if you can't liquidize it or spend it on something, right?

>every single member of my family has a personal bank account with at least 50k euro (around $60k right?) and we are not even rich
kek murrica

>30k in tax free savings and growing
>no ambitions for a big family or big house
>would only get a gf if she had a job
>stable, well paying gubberment job with good pension
>generally don't buy a lot of stuff, or have any expensive hobbies besides cars
Do I need more than a basic knowledge in money and investing to make it? I have no stocks in anything, I just try not to be risky and assume corporations/banks want to screw me.

>A household led by a 25-29 year old with a net worth ignoring primary home equity of $0.00 was in net worth centile 34% in 2016. This centile ranged from $-176.90 to $14.43. Around 5,643,809 of the 8,551,226 households in this age range had $-176.90 or more in net worth.

i have 0 in my savings account. my cheque account has 5k and my investments have a lot more.

the question is worded poorly.

I think that dont count the debts

My mom has negative net worth and makes me loan her money all the time while my dad is worth millions kek

where can i buy american slaves?

Why is all the "wealth" of Amerigoys debt? Is this why they appear rich in statistics but own nothing in reality?

Absolutely this unless it's boomers. Most people that lives in middle class homes are on 30 year mortgages and have car lones and maybe even student loans. Theyre only reason for existence is to serve the Jew.

>$270k "CAD" of non-liquid crypto
lol

To be fair nobody can afford to own anything in here either anymore. Boomers really fucked everyone over.

Not a problem if your parents have property or/and assets which you will inherit

>or/and
it's "and/or" you braindead larping NEET

>19 years old part time worker and in the 31%

What am I larping? Unless your parents are literal white trash you will inherit something

the feds just print money all they like, and mortgages are made so easy

That seems to be a common idea regardless of nation.
Depending on your ancestors making worthwhile purchases in better economic times.

Are stand alone homes cheap in Indonesia?

>tfw part of the 11%

i very rarely see stand alone home here
most houses are attached

Yuck

What is so shocking about it?
>Parents kicked them out as soon as their 18th birthday celebrated.
>They themselves think they are "adult" now.
>Try to live on their own and juggling between college (most just wanna enjoy life) and jobs.
>Are technically still chilldren. Maturity (phsy-speaking) comes usually around 25 of age not below.
>Get stressed out with bills etc.
>Choose to do porn and be a fuckboy.
>"Living the american dream".

You forgot the detail that they take out 70k in student loans to go 4 years for a shit degree and live on campus.

Hello please pay 40% inheritance tax :DDDD

t. the gobernment :DDD

I can cash out and have that money in my savings account in 2 days

Make a separate thread and kill this one. Sup Forums literally ignores all information that makes America look non-shitty and constantly bumps fake news that makes America look shitty.

$270,000 is literally the average net worth of a wagecuck though, it's not like you have $2,700,000

Congratulations for not cashing out too early anyway

Some do. An IRA is different from a savings account for instance.

>minus all the debts
Ah fuck

Not at 22.

Same.

Does that make me upper middle-class?

>40%
The hell, are you a billionaire? Even then it seems high.

Natural heirs don't pay inheritance tax here, at least at my income level.

Nice, but my point was that you can't stop working because you have 270k.

French inheritance tax for children is 40% for estates above €900,000 and even 45% above €1,800,000. Below that it's a cool 20% or 30% for the inferior brackets.

The first €100,000 are not taxed, but €100,000 is nothing given our high real estate prices.

Of course if you're not a children but a nephew, you'll pay a flat 55% for example, and the first €100,000 are taxed this time.

if you're not a child*

>HÍ costs about 675 in American dollarydoos a year while HR/RU costs from 2.2k dollarydoos and up per semester.

I paid like 6 dollars per year for most of my university years, but many others paid the maximum fee of, like, 600 dollars

How is that even possible?

>tfw 40k in canadian cuck bucks saved

would i be rich in ur cunt?

Corporate brainwashing of workers into shunning unions, followed by stripping workers power once said unions are neutered. Take that situation and breed it into the mentality of a society that spent 50 years being fed the socialism boogieman propaganda and you end with a society that gets fucked by corporations while simultaneously defending their right to be fucked because any sort of protections would be commie shit.

All this image proves is that that the new generation in America literally have zero worth outside of a car they own.

Or you could just marry well

What's the point of a savings account?

>shunning unions
That's got nothing to do with it. Those union manufacturing jobs are just gone, and any decent tradesman who has worked with and without a union will avoid that shit if he can.

No.

I love being rich.

americans will continue to lick corporate asshole and vote against their interests because boomer shits have brainwashed everyone into thinking social safety nets are gommunism

i fucking hate these retards

I'm not just talking manufacturing jobs, but the entire concept of unions. They are the only way for workers to have power and not get used as sock puppets for their employer. All over the US (and Canada) workers are being fed bullshit by corporations into hating unions, emphasizing union fees (Unions need money to actually do shit) or strike cost.

In states where unions had mandatory fees removed or unions just ended entirely, workers faced worse working conditions and pay.

theatlantic.com/business/archive/2016/08/union-inequality-wages/497954/

It's literally billion dollar corporations and multinationals spending money to guerrilla shill hatred for unions into their workers so they can trick them into willfully getting paid worse.

Seriously this, the payout is so low I don't even bother and let all the cash on a standard account

Savings accounts can't be withdrawn from an ATM and have limits on how many withdrawals you can make over certain periods of time. This is to help people from frivolously spending money from a savings account like they can from a regular chequing account with global ATM access and no limits.

>max out TFSA
>make 1 year emergency fund
>split the rest between a RRSP and moderate-risk index funds
Will I make it if I do this?

Yes, but the rate of return is so low that you might as well burn your money rather than keep it in a savings account.

I'm going to take all your stuff then kill you. It's only fair.

Sounds like bullshit. It doesn't match other stats about disposable income. Seeing it is coming from a fucking leaf, I wouldn't trust that

Websites that advertise "working vacations." It's much easier if you're a farmer. When poor kids show up to toil on your farm for free just take their passport.

What stats about about disposable income?

>savings account
Why have any? Letting money there is like throwing it away than buying assets

various OECD stats. the leaf's meme stats just says something about "savings account". a totally meaningless stat. or you can argue and claim you are africa tier.

8000 usd

wait.

You can't just say "various stats"

oecdbetterlifeindex.org/topics/income/
>the average household net financial wealth per capita is estimated at USD 176 076, considerably higher than the OECD average of USD 90 570 and the highest figure in the OECD.
inb4 muh average muh inequality.

>workers
Which ones? Doing what? Why are you using these vaguely sociological terms? Have you considered that the best messengers for your cause might not be limp-wristed, college-aged punk kids?
It's not that I'm afraid of dues. I'm averse to there being someone between me and my customer; I don't like having unnecessary regulations placed on me. You've got your pseudo-Marxist line to shill here, but can you actually convince a practicing HVAC tradesman in his 30s why he specifically should join a union?

What makes you think you can >inb4 the exact obvious reason you are wrong? The US has the greatest income inequality on earth, our mean is thrown off a bit.

Not even that guy but as someone who works in the construction industry. Better industry networks, union benefits and a stronger hand in bargaining.