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> The median US household has a net worth of $200,000. Which is primarily the market value of the home they live in. They can’t pay a bill with it. The median

• jandrewrogers 2mo ago
  > The median American household has $8000 of liquid cash in all of their cash accounts combined. That’s a lot of liquid cash. It reinforces the idea that the median American household has an unparalleled amount of money to burn on whatever.
  • kube-system 2mo ago
    That includes savings. The median checking account is $2800. People can burn from that $8000 but it’ll be at the expense of being able to handle an unexpected emergency expense, or a goal they’re saving up for. And this is the median, which means that half of US households have less than this. Which is quite a lot of people who still use phones.