Re:57% of Americans Have Less Than $1,000 in Savings (2017)
by seattle_spring on Thursday February 08, 2018 @12:00AM
(#16330314)
That's the figure for the median household income. That means that many people "in the middle" are making 59k between 2 people and probably several kids.
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Re:57% of Americans Have Less Than $1,000 in Savings (2017)
by jdavis703 on Thursday February 08, 2018 @12:13AM
(#16330373)
The average household contains 2.54 people for 2017. Remember that households also includes things like roommates, cohabiting couples, and adult children living in the basement. The idea of an average household having 2 parents and several kids ended around 1973 [0], assuming that back when households had around an average of 3 occupants it was due to the so called "atomic family."
0: https://www.statista.com/statistics/183648/average-size-of-h...
Re:57% of Americans Have Less Than $1,000 in Savings (2017)
by seattle_spring on Thursday February 08, 2018 @09:25AM
(#16332167)
So $23k per person per year. That's absolutely nothing.
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Re:57% of Americans Have Less Than $1,000 in Savings (2017)
by codetwelve on Thursday February 08, 2018 @01:28AM
(#16330598)
Correction
Step 0: Don't be in a society that frowns upon sexual education, contraceptives and planned parenthood.
Re:57% of Americans Have Less Than $1,000 in Savings (2017)
by craftyguy on Thursday February 08, 2018 @11:26AM
(#16333277)
Wow, yea, if only that were true.
Re:57% of Americans Have Less Than $1,000 in Savings (2017)
by imtringued on Thursday February 08, 2018 @09:36AM
(#16332228)
Step -1: Have access to vaccines so that you don't have to account for child mortality.