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> One can't escape the sense that if they've done the kind of budgeting that a regular American does, they will be fine. I can't escape the sense that if they'
by mullingitover 4y ago
> One can't escape the sense that if they've done the kind of budgeting that a regular American does, they will be fine.
I can't escape the sense that if they've done the kind of budgeting that a "regular American" does, they're in deep trouble[1].
[1] https://www.fool.com/the-ascent/research/average-savings-account-balance/ https://www.fool.com/the-ascent/research/average-savings-acc...
- shadowgovt 4y agoBudgeting, not saving. It is entirely possible that the median salary in the United States is not enough to save on. But when you have nearly double that salary, what's the excuse for failing to save?
- mullingitover 4y agoI’d go with tens of thousands in student loans, combined with most jobs being concentrated in high cost of living areas.