[jandrewrogers]

Many (most?) Americans have no savings account. Not because they are poor but because a savings account is largely an obsolete anachronism. The common tactic of conflating "savings" with "having a savings account" is intentionally misleading.

Per the US government, the median US household has $1000/month they could invest after all ordinary expenses.

[mtrower]

What?? This does not seem to match what I’ve heard from the government before.

What do they claim the median household income at?