Most Americans have less than $1,000 in savings.
And over 20% don’t even have a savings account.
/biz/, how much do you have saved?
-13k debt
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.
>>1278428
>-13k debt
So you have 13k saved? Congrats man.
€437k in the bank
>>1278427
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.
>>1278427
22k in investments mostly FANG stocks with 3k leveraged in a 4% dividend utilities monopoly and diverse financials and energy
>>1278518
Dividends are not tax efficient.
>>1278522
The dividend tax credit is better than paying 50% on capital gains in leafland I think
>>1278427
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.
>>1278532
>50% capital gains tax
Holy shit.
>>1278537
That's only if you hold it for less than a year.
>>1278557
That's not a capital gains tax then, that's a speculation tax.
>>1278427
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
>>1278427
In an actual savings account, about $3.5K
At this point, maybe $600 in investments?
t. college fag living at home
>>1278572
Sure it is cum fiend, it's a short term capital gains tax
>>1278427
$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
![8e04f89bc8[1].png](https://i.imgur.com/SfDDqUj.png "8e04f89bc8[1].png")
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
>>1279291
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.
>>1278673
>50% capital gains tax
Lots of traders in Canada, eh?
>>1279523
~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
>>1278427
23 years old, $7000 saved.
How am I doing /biz/raelites?
~16k usd saved
34 years old
how far ahead I am on my mortgage and I can withdraw it any time though I will always try avoid it if I can. Plus have about 10k worth of silver bullion
>>1279550
26 years old
0$
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
>>1279607
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
>>1279526
Stocks are also liquid. Unless you have it on some shity penny stocks.
>>1278427
>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
>>1278476
>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.
>>1278427
Does that count long term investments?
>>1279636
Yeah, at least put it into an index fund.
>>1279636
>'i believe everything some neckbeard posts on /biz/'
>>1278427
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
>>1279634
>Just over $50,000 in my checking account
>no student loan debt (thank you dad)
>none of my money was inherited
Oh the irony
>>1278427
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.
>>1279634
>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.
>>1279291
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?
>>1278427
No student debt, nominal (<$100) credit card debt. About 10k in the bank, saving for a down payment on a house (the goal is to throw down on a multi family home). Broke 6 figures this year but cost of living in the Greater Boston area is absurd.
Fuck this game.
>>1278518
how can you be diversified with only $3k... stop trying to sound smart
>>1279817
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.
>>1279526
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
>>1279638
Good luck, anon. Wage slaving is a soul draining cancer.
>>1279832
You're crazy*
>>1279539
same here. good job
>>1279784
>>1279786
>Trip fag on /biz/
> only has 50K and it's in his checking
wew lad
>>1279834
It could mean more than cash though.
>>1279634
>none of my money was inherited
yet your dad paid for school...
>>1279840
Dude just... look at the comment i qoute and notice how my text is in dank green meme
>wew lad
>wewewewew
>>1279843
my bad
>fuck you trip fag
>>1279834
Seriously. By separating "liquid" and "stock market" it's obvious he doesn't actually know what it means.
23 years old
$2k in checking
$6k in IRA
Currently unemployed ^^
>>1279841
muh bitcoin
>>1278522
What is a "qualified dividend"
>>1279546
80k at 34
21 8k
Work for 21$/hr 24-28 hrs a week.
Live with parents. What do with money? I was just gonna save it all
>>1279800
4.5% interest
What fucking bank?
>>1278522
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
>>1278427
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
>>1280294
>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
>>1280320
MY COUNTRY'S FLAG
Around 50k right now
>>1280339
>why do you own a credit card
>$0 in savings
>$17 in checking
>less than $100 in cash
>around $10k in debt
>$1,200 due in bills as of today
feels bad man
>>1280361
I'm almost the same age and savings. I put most of my money into paying down mortgage with the option to withdraw it if needed. So it essentially saves me more money than modest investment earns but with zero risk.
My other option was to semi retire and live off the savings while making minimum mortgage payments. I could have lasted 15-20 years.
>>1278427
1.3 M$
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
>>1280460
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.
>>1279526
He means maple syrup
>$7k in the bank
>$84k in investment account
>$33k in Roth IRA
>$133k in Roth 401k
>>1280514
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.
>>1278427
$10,000 saved.
$50,000 on student loan debt that I have not payed a dime on. I really don't wanna pay it.
>>1280211
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)
>>1280294
How many dicks must I suck for that?
A little over 7k in a 3.15% savings account
>>1279817
This. It's insurance. I believe if I could hold an extra life in reserve I would never die. Likewise, having money to replace things protects against them breaking or getting lost in the first place.
>>1280867
Anyway... $1500 in stocks, $12000 in bonds, $3000 in business savings. I had almost $6000 in business savings but sales stopped and I had to borrow for orders. Sucks because another $1000 and I could've closed a credit card or two. Man, fuck being a small retailer. If I could just dump my inventory for what I paid I could be out of personal credit card debt forever.
I make 105k a year and my wife makes 75k a year.
We have like 200k in our 401k and about 40k in cash. I just bought 1k of stocks this morning and opened an IRA last night.
I recently got the bug of saving money so that 40k is going to be lost soon probably lol.
Wife owns a rental property where rent is twice the mortgage. I may take out a VA loan and buy a house and we will rent this house out too.
I spent 3 hours last night trying to find cheaper car insurance than $108/month.
I feel poor as shit because I don't have a billion dollars.
>>1279786
It wasn't lost on me either Scandi bro.
>>1278427
£18,000 at 21, but I'm starting uni in a few months so I will probably have some of it drained at the end of the 3 years
32 from Canada
2k in savings
16k in tfsa, index fund
0 debt
Current net worth about 40,500. No debt. Every month 2,234 is added to my 401k. Try to save a bit more on top of that.
>>1279539
Not bad. Read mr money mustache and start saving even more. I wish I had started as young as you did.
>>1278427
Zero in my savings account and a couple thousand in a Roth IRA. I'm still in collage so I haven't been able to max it out every year.
24 just graduated college, no debt. $19,400 sitting in an Ally savings account
I don't know what I should do with it
25
25k in savings
3,500 in blue chips
22k penny stocks
300k in real estate
>>1278427
why would I put my money in USD?
I don't know how people make six figures as a wagecuck. I've worked with highly paid developers and they are beyond useless. But somehow management just accepts their excuses.
>>1281468
The more you make the less you work
>>1280193
Probably overexaggerating a MMMF
10k saved, 3k in stocks. 23 year old student, works on weekend, lives on his own
>>1279407
Unless you somehow borrowed at a negative interest rate there's no way the interest in a saving account is greater than interest on any kind of debt.
Currently 7k Working towards my $10k emergency fund
Also $3k in checking because I'm looking for a beater car
26 with $300 in my savings account
Life of a Starving Artist D:
Just turned 25. I owe about $7k on my car (Toyota so it will last) and about $35k in student loans. I hate my life. I work a lot and have been paying down debt aggressively since last year. Wiped out about $8k debt since last summer. Will wipe out more in the next year because less interest.
I should have never gone to college. I was a math major. I could handle the work but I hated the environment and was tired of being in school instead of being an adult in the real world. It sucked. I never learned how to do anything or even live.
I'm okay now but I will be working 7 days a week for most of the year so I can pay off my remaining debt in less than 4 years.
I hate debt. I never want to get into debt again except for a more reliable car when this one dies. And Toyota cars just don't die. I don't need a house. I live well below my means and my living expenses are lower than most people in my situation.
