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by fallingknife 1756 days ago
> The average person: Has a salary of $49k Doesn’t have enough in emergency savings —19% of Americans have $0 and 31% have less than $500 saved Spends 56% on their food budget Has over $5,700 in credit card debt with a 17.89% interest rate Has only $150k in savings by retirement Relies on Social Security to fund most of their retirement

Even in a high tax state, a single taxpayer with a 49K salary takes home about $40K. So you're telling me that this taxpayer spends $22.4K on food? That's $61 / day! Also, the median net worth in the US is about $120K, but this guy is telling us that 50% of Americans only have $500 in savings? What a load of bullshit!