Most Americans have less than $1,000 in savings

Most Americans have less than $1,000 in savings.

And over 20% don’t even have a savings account.

Veeky Forums, how much do you have saved?

-13k debt

0

A couple hundred grand. But I just sold some property

I'll zero out my credit card balance over the next two weeks, it's a bit high because I had to pay for classes, books, and I'm taking a ten day trip to Iceland so some of those costs are in there too.

>-13k debt
So you have 13k saved? Congrats man.

€437k in the bank

I have about $20,000 in investments. I'm not retarded enough to keep my money in a 0.0001% interest good goy savings account.

22k in investments mostly FANG stocks with 3k leveraged in a 4% dividend utilities monopoly and diverse financials and energy

Dividends are not tax efficient.

The dividend tax credit is better than paying 50% on capital gains in leafland I think

not murrican i have $30k savings in various form
make $25k a year gathered the savings in 5 years.
it's shameful i know. i should be at $50k at least.

>50% capital gains tax
Holy shit.

That's only if you hold it for less than a year.

That's not a capital gains tax then, that's a speculation tax.

In an actual savings account: a little over 10k.

In a checking account: a little over 50K (just because I haven't been keeping up with replenishing my brokerage account).

Collegefag here.
>-30K @ 4%

Have ~4K in stocks/cash

In an actual savings account, about $3.5K
At this point, maybe $600 in investments?

t. college fag living at home

Sure it is cum fiend, it's a short term capital gains tax

$50k in savings, $40k in my 401k, $5k in an emergency savings account, ~$3000 in fuck-around speculation, wall street bets & other self-directed "investments", and probably ~$300k in non-liquid assets (including house, cars, and other toys).

25k in savings
3k in checking
0 balance on credit cards
20k total in debt

Will be investing 30k more of my savings into the business I manage to get a higher % owner draw. That'll make my draws be 45% out of three stores. I'm 25 btw.

like 100k i think
idk it keeps moving around

8k savings
15k debt

45k debt, 3k in retirement account, 1k in savings lol

Friend still owes me $350 for paying one of their bills
Still looking for a new job too
Not in any debt I know of, so¯\_(ツ)_/¯

why would one have savings and debt at the same time? Besides my 401k i put all my extra money toward debt

if your rate of return on savings/investments is higher than the interest on your debt

Just started. My equipment broke and I'm waiting for the replacement part. Only $1800 saved, but I'm starting really slowly and it only took about a month. Bitch too, 'cause a ton of work opportunity pooped up last week. Could've easily walked away with 6k.

>50% capital gains tax
Lots of traders in Canada, eh?

~20k liquid
~100k stock market
23 years old, we gonna be alright

78k in savings
25k in 401a / deferred comp 457
4k in bank account
29 years old looking to buy my first house so all those savings are about to go boom

23 years old, $7000 saved.

How am I doing Veeky Forumsraelites?

~16k usd saved
34 years old

how far ahead I am on my mortgage and I can withdraw it any time though I will always try avoid it if I can. Plus have about 10k worth of silver bullion

26 years old

0$

I'm 21, is it too late to start? How do I get my own land house by the age of 29?

44 married.about 1.1M in investments.

First. Year out of college I had about 10k in savings investment

How did you do it?

Live well below my means. Drive a used Toyota for 10 years. Always put max in 401k.
Fix things that are broken.
It's a mindset.

Atleast they can pay 20,000 a month with there American Express

Stocks are also liquid. Unless you have it on some shity penny stocks.

>22
>Living in New Jersey
>Just over $50,000 in my checking account
>no student loan debt (thank you dad)
>none of my money was inherited

>in the bank

Are you fucked in the head, why is that money not invested?

$53 k all of which is invested. I'm saving heavily because I want to start a business to escape the wage slave plantation. I want to have $100k within a year.

Does that count long term investments?

Yeah, at least put it into an index fund.

>'i believe everything some neckbeard posts on Veeky Forums'

Should be around 3k euros. Would never need more. You can always just ask parents for money if you fall on hard times and dont wanna liquidate assets

>Just over $50,000 in my checking account
>no student loan debt (thank you dad)
>none of my money was inherited

Oh the irony

I've got a good chunk in my 401k at this point.

About $5,000 in 'savings'.

It's just in my checking account, which gets 4.5% interest, so I leave it all there.

>none of my money was inherited
It's funny that you think this statement is true.

i have savings which i have depleted when I purchased an investment property, still have $1600 in various savings account which I'm slowly rebuilding.

For some of us, savings is also an emergency fund.

I'll be saving 20k next year, 37k on the following one, and after that 45k.

What do? Wha's the simplest option for a finance retard to work with that gets me a decent ROI?

No student debt, nominal (

how can you be diversified with only $3k... stop trying to sound smart

Basically this. Having a liquid reserve fund is essential. Your crazy if you don't keep some money set aside for emergencies even while paying down debt.

I hate when people use the term liquid as if to mean it's in cash or something.

I think they just want to sound smart

Good luck, user. Wage slaving is a soul draining cancer.

You're crazy*

same here. good job

>Trip fag on Veeky Forums
> only has 50K and it's in his checking

wew lad

It could mean more than cash though.

>none of my money was inherited

yet your dad paid for school...

Dude just... look at the comment i qoute and notice how my text is in dank green meme

>wew lad
>wewewewew

my bad

>fuck you trip fag

Seriously. By separating "liquid" and "stock market" it's obvious he doesn't actually know what it means.

23 years old

$2k in checking

$6k in IRA

Currently unemployed ^^

muh bitcoin

It's not 50% tax you fucking moron

50% OF your capital gains are taxed (at a rate depending on your tax bracket) the other 50% is tax free.

Honestly

What is a "qualified dividend"

80k at 34

21 8k

Work for 21$/hr 24-28 hrs a week.

Live with parents. What do with money? I was just gonna save it all

4.5% interest

What fucking bank?

If you are a poorfag in the US then dividends are taxed the same as long term capital gains.

Between my wife and I, we have about $200k split between cash, brokerage accounts and retirement accounts. We have about $350k in home equity as well. We're both 30 and have saved very aggressively.

I have about 350k in debt. Should be paid off by the time I'm 35.

Canada is proposing negative interest rates cause it "stimulates muh economy"
>tfw avg person has 0 dollars in savings anyways

>21
>7K in checking account
>~17K in stocks

Working while going to college.

>20
>10k in cash
>~4000 in savings account

23 years, 30k€

never worked in my life (everything saved up from allowance and birthday money). graduating soon. probably. maybe.

>~300k in a combination of bonds and index funds
>House worth 165k
>Probably going to mortgage the house for about 650k worth of rental properties soon

T-t-t-trust fund represent!

> 27
> 1.2 M€
> no dept
Pic related

your # are out of date , let me help.
I get paid on the 1 st I'm out of $$ by the 5th.
75 % don't have savings account , some like me never will.
I'm homeless and have no aspiration to ever have one.

>$6000 credit card debt
>$5000 savings account
>$114,000 in stocks

>Mehdi
>Boursorama
>doigt d'honneur

Je ne veux même pas savoir comment tu as acquis ces biens.

I have about $400 grand I could pay my mortgage off but don't bc I'm supposedly getting higher returns than my interest but the statements don't say that. Tried investing in options on my own but i suck so 95% passive. Should I just go debt free to stop paying a mortgage? I want to quit and retire tho I'm 34 btw

MY COUNTRY'S FLAG

Around 50k right now

>why do you own a credit card

>$0 in savings
>$17 in checking
>less than $100 in cash
>around $10k in debt
>$1,200 due in bills as of today
feels bad man

I'm almost the same age and savings. I put most of my money into paying down mortgage with the option to withdraw it if needed. So it essentially saves me more money than modest investment earns but with zero risk.

My other option was to semi retire and live off the savings while making minimum mortgage payments. I could have lasted 15-20 years.

1.3 M$

Live with a roommate and buy all my food on sale. Miser of the century here.

~$100k saved pretty liquid

I day trade with $50k of it,
keep ~$10k in checking

I don't understand how some keep a zero balance checking account, real life is inconvenient and selling positions off prematurely nullifies strategy

You'd think most if not all day traders that tap into their checking s account for money to trade don't do so because they're in a good financial situation. More than likely they're resorting to using that money to win back their losses.

Anyway, €6000 saved up here. Wish it was more. Alas, shit just hits the fan sometimes.

He means maple syrup

>$7k in the bank
>$84k in investment account
>$33k in Roth IRA
>$133k in Roth 401k

28 years old btw

20 yo

4000€ in """treasury bonds"""
3000€ in savings
140€ in p2p lending
80€ in a checking account
7€ in my wallet

I guess it could be worse.

$10,000 saved.

$50,000 on student loan debt that I have not payed a dime on. I really don't wanna pay it.

Probably not negative interest rates for your average canadian famelam


Also; All dis niggas listing houses etc as savings. Savings are dank pepe memes, cash and maybe stocks if its invested in apple (the only good stock it can never go wrong since its only up and up from here)