6 out of 10 Americans have less than $500 in their savings account; how about you?f

[newworldafro]

I got more than 500 dollars in coli cash tho

 

[jazzfan]

well on my way to 6 months of money saved up but I want to have a year's worth of salary saved up and then i'll step my investing game up.

 

[desjardins]

I save at LEAST $750 a week automatically via automated account transfer. I'm married though with a two income household
My personal savings (not including my wife) are in the 6 figures but I been saving in some capacity for over a decade

 

[Prodyson]

9k savings... 5.5k investment... 1k Ethereum.... 6k checking account

 

[Ian Ahbaa f/ Area51]

 

[havoc]

Most of my money in the mutual account and a pension plan and I got a few hundreds in Robinhood. If I were to lose my job, I can chill for a whole year.

 

[Yagirlcheatinonus]

White dude on my job complain about having a 800 dollar a month truck payment but live in a run down trailer

 

[mamba]

White dude on my job complain about having a 800 dollar a month truck payment but live in a run down trailer

People really out here paying car notes that high?

 

[mamba]

Most of my money in the mutual account and a pension plan and I got a few hundreds in Robinhood. If I were to lose my job, I can chill for a whole year.

That's a good ass feeling knowing you can chill if shyt goes south.

Most people don't have that luxury.

 

[L. Murphy]

That's scary to be honest

 

[Mr210]

People really out here paying car notes that high?

Yep 2 people at my job pay $700 plus on their trucks

 

[mamba]

Yep 2 people at my job pay $700 plus on their trucks

That's ridiculous.

 

[Mr210]

That's ridiculous.

Tell me about it, my car note is $300 and I consider that too high

 

[The Minister Of Culture]

im have more than enough in the bank however im not gonna knock anybody who aint got it ive been in that type of situation before so i aint gonna clown nobody's finances.its rough outchea

 

[Larry Lambo]

Misleading statistic. You could have millions in savings and have nothing in a savings account, especially with savings accounts offering virtually nil in interest. At one point at I had $40K in cash and investments without a penny in an actual savings account.

The better stat would be what people have saved up in Money Markets, Investment/Trading accounts, and Checking Accounts. But that's not how the question has been phrased in any of the articles I've read on it.