How much money do you think the average person has in the bank? - GoFuckYourself.com

mhende6600 · 09-15-2005, 12:23 PM

How much money do you think the average person has in the bank?

Manowar · 09-15-2005, 12:24 PM

$10 y'all

Scott McD · 09-15-2005, 12:25 PM

Don't bank it, just loot it...

Sosa · 09-15-2005, 12:48 PM

like personal checking or savings? I bet most people have under 1grand in savings and the same with checking. Most people aren't smart with their finances.

mrthumbs · 09-15-2005, 12:50 PM

i think 10k or something

09-15-2005, 12:51 PM

most people are negative because of their credit card debt

09-15-2005, 12:51 PM

Quote:

Originally Posted by mrthumbs

i think 10k or something

I HIGHLYYYYYYYYYYYYYYYY doubt that

BoNgHiTtA · 09-15-2005, 12:52 PM

Yeah, who keeps wealth in a bank? Brokerage house or something at least.

emthree · 09-15-2005, 12:54 PM

low to mid 5 figs is my guess
Need something to fall back on.

Oracle Porn · 09-15-2005, 12:55 PM

most people in israel got a - in front of the bank statment.

dynastoned · 09-15-2005, 12:55 PM

im 19 i have 10k in the bank. most people i know don't have shit to they're name.

smack · 09-15-2005, 12:57 PM

average person? 8 - 10 grand?

grumpy · 09-15-2005, 12:57 PM

the average person owns the bank money.

Jakke PNG · 09-15-2005, 12:59 PM

Quote:

Originally Posted by grumpy

the average person owns the bank money.

Exactly.

u-Bob · 09-15-2005, 12:59 PM

alot less than me ;)

Rinaldo · 09-15-2005, 01:00 PM

I read somewhere that the majority of the world lived paycheck to paycheck and that if you're keeping more than 500 in your account you'er better than most.

Sam Granger · 09-15-2005, 01:01 PM

$2000? 8chars

Sosa · 09-15-2005, 02:16 PM

ya. 75% of the people I'm sure live paycheck to paycheck. I might not have a ton in my personal, but I keep it in my business account for tax purposes.

DateDoc · 09-15-2005, 02:23 PM

they have almost enough to get to their next paycheck......

wiggitywack · 09-15-2005, 02:32 PM

the average Americcan savings rate is now zero....

I bet the Europeans and esp. the Japanese tend to have a lot more saved...they are more disciplined

pornguy · 09-15-2005, 02:34 PM

I would say that the average person have about 2500 at any givne time.

After Shock Media · 09-15-2005, 02:34 PM

Average, I would suppose approx. 15 to 25% of their take home wages at any given time.

toddler · 09-15-2005, 02:39 PM

Certainly not $10k for the average person. More like $1k, if that. I'm happy not being average....

phogirl69 · 09-15-2005, 02:40 PM

Most people live paycheck to paycheck and don't make enough to save. AVERAGE salary in the US is only 36k.

http://66.102.7.104/search?q=cache:H...ient=firefox-a

That means the bi-weekly is around 1k or so give or take a few after taxes. That's not very much if you have bills to pay. Of course a lot of people make more but they are not the average.

Average person probably has 3-4 k at best I would guess.

A lot of my friends, (in their mid-late twenties) don't even have 3 or 4 k, and are more like living paycheck to paycheck or more like dollar to dollar.

When I had a 9-5 I was barely able to save ANYTHING after rent, bills, and then of course shopping.... I was only able to save once I started selling porn.

Kassidy · 09-15-2005, 02:41 PM

Less than $1k...majority of people live paycheque to paycheque and owe owe owe.

Peaches · 09-15-2005, 02:54 PM

I agree that probably the average American has less than $1K. I would be a nervous wreck. One thing I started doing when the money came in was put at least 6 months worth of basic living expenses in a low interest (well, now it is...back in the late 90's it was high interest...) easily accessible account. You never know what's going to happen

blazin · 09-15-2005, 03:02 PM

Average person hasn't got shit in the bank.

Serge Litehead · 09-15-2005, 03:05 PM

Webby · 09-15-2005, 03:05 PM

Quote:

Originally Posted by Kassidy

Less than $1k...majority of people live paycheque to paycheque and owe owe owe.

Think you are prob right Kassidy!

There are obvious variances from country to country as well - the US lives on credit and the EU don't so much, but fast getting that way. Then ya got folks in countries who never ever had a bank account (but oddly, can be better off than some people in "civilized countries").

CynthiaB · 09-15-2005, 03:16 PM

$30 dollars any less and they just take it for fees

Cyn

tapatio · 09-15-2005, 03:20 PM

I looked for a few minutes to find it online. I was not able to come up with a national average. Did anyone else look?

sherie · 09-15-2005, 03:25 PM

Hmmm I would have to agree with the fact that most average people live pay cheque to pay cheque and owe the banks. I am so greatful that I am debt free...took a long time to pay back student loans but I managed 18K over a few years, but it feels good to not owe anything. Well, I have one credit card and I pay that off in full each month or every two weeks.

After Shock Media · 09-15-2005, 03:39 PM

Well lets see.
Average personal debt is right around 20k (mortgage not included).
Average yearly salary in the US is also right near 20k.

This now pulled from US department of Commerce.
Average savings percentages in the US since 12-04 to current.
December 2004 4.4%
January 2005 0.9%
February 2005 0.6%
March 2005 0.5%
April 2005 0.2%
May 2005 0.4%
June 2005 0.0%

Looks like nearly 100% of average peoples incomes are going to rent/mortgage, utilities, groceries, debt, or whatnot. Thus I still will go with my previous answer of 10-25% of any given paycheck at any given time, accounting for check floating and the like. Though technically it appears that many accounts are in a negative in reality if a paycheck was late, they got injured or had a large expense.

Edit- couple quotes I found.
More than 40% of all women had less than $500 in the bank. For those 25 to 34 years old, the percentage without a rainy day fund jumped to 55%.

"a large proportion" of Americans are not saving and have never saved, Salisbury acknowledges. "That's largely a function of income . . . They're just barely managing to survive as it is, and they don't have enough income to save."

More than 70% said they worried about their finances in the last year, and two-thirds said that unexpected expenses -- things like the furnace breaking or the car needing to be fixed -- were the cause of that worry

Ray Nagin · 09-15-2005, 03:43 PM

lifes a bitch and then you die

billywatson · 09-15-2005, 03:49 PM

They have just about enough to make it to next payday...whenever that is...

potter · 09-15-2005, 03:52 PM

Yup, basically if someone is making $5k monthly. They've surely found a way to spend $5k monthly (if not more). We're consumers (America), we spend money our money.

fl_prn_str · 09-15-2005, 03:52 PM

$9.99 (usd).

tranza · 09-15-2005, 06:34 PM

credit card debt is what kills many people

Barefootsies · 09-15-2005, 07:19 PM

When you say the "Average person" I would guess you are referring to the "masses". That being the case, I'd say little. Some might have a couple of grand, but I'd say they are the exception if a grunt working a 9-5 and prolly more a check to check person.

First job I got after college was with a telco. Depending on your education level and experience determined where you started on the "scale" (this was a union job). If you had a degree, and a lot of sale experience you started near the top ($50k), if not you were around $30k, but maxed out via contract in 5 years. With different sales incentives, you could easily make $75k.

Anyways, I remember when I was first hired in my trainer used to tell us over and again about not getting caught in the "golden handcuffs" because it would trap you in a job you did not like, unable to transfer or leave. Long story short, she was referring to getting used to making that much money, over spending, and so forth.

Anyways, I remember being stunned over my 6 years there that people would get paid on a Friday, and by the next Monday would be asking to borrow money. Ofcourse these would be the people with 3-5 kids, driving the brand new cars, and living in the houses they couldn't afford, etc, etc etc.

Now I am not saying $50k is like 100k or more and people can live like kings by any means if you have a family, kids, and the rest. But I mean where I am in MI, $50k can definately go a long way unless you have no money management skills.

A lot of these people had no money in the bank, and any time their cars broken down, or there was some emergency, there was drama. I know this because I was a union steward (i.e. privie to all their mellow dramas) for part of my time there, and would have to defend them to keep their job.

So the average person (being the masses) had no savings of any kind they contributed to anyways. The more intelligent normally had a couple of grand or more either in a bank, CD, stock market, investment of some sort.

SomeCreep · 09-15-2005, 07:21 PM

Quote:

Originally Posted by mhende6600

How much money do you think the average person has in the bank?

$200

Patrick_Bateman · 09-15-2005, 07:22 PM

Spunky · 09-15-2005, 07:23 PM

I was like many people..up to my ass in debt living paycheck to paycheck.Managed to pay off my debts and bank a nice chunk of change all thanks to Tom Voo..

woj · 09-15-2005, 07:43 PM

maybe 1k tops, and few thousand worth of credit card debt...

09-15-2005, 12:23 PM	#1
mhende6600 Confirmed User Join Date: Nov 2002 Location: Texas Posts: 740	How much money do you think the average person has in the bank? How much money do you think the average person has in the bank?

09-15-2005, 12:25 PM	#3
Scott McD Too lazy to set a custom title Join Date: Nov 2002 Location: Glasgow, Scotland Posts: 67,795	Don't bank it, just loot it... __________________ I Buy My High Quality Traffic Here, You Should Too!

09-15-2005, 12:52 PM	#8
BoNgHiTtA Confirmed User Join Date: May 2003 Location: Seattle Posts: 2,176	Yeah, who keeps wealth in a bank? Brokerage house or something at least. __________________ Wanna see how Adult Site Traffic Scammed me? Click Here:

09-15-2005, 12:54 PM	#9
emthree Dialer Kingpin Join Date: Jun 2003 Location: New York Posts: 10,816	low to mid 5 figs is my guess Need something to fall back on. __________________ • Sell Patches & Pills •

09-15-2005, 12:55 PM	#10
Oracle Porn Affiliate Industry Role: Join Date: Oct 2002 Location: Icq: 94-399-723 Posts: 24,433	most people in israel got a - in front of the bank statment. __________________

09-15-2005, 12:24 PM	#2
Manowar jellyfish Join Date: Dec 2003 Posts: 71,528	$10 y'all

09-15-2005, 12:48 PM	#4
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	like personal checking or savings? I bet most people have under 1grand in savings and the same with checking. Most people aren't smart with their finances.

09-15-2005, 12:50 PM	#5
mrthumbs salad tossing sig guy Join Date: Apr 2002 Location: mrthumbs*gmail.com Posts: 11,702	i think 10k or something

09-15-2005, 12:51 PM	#6
buddyjuf Guest Posts: n/a	most people are negative because of their credit card debt

09-15-2005, 12:55 PM	#11
dynastoned mmm yeah! Industry Role: Join Date: Feb 2005 Location: roseville, ca Posts: 5,061	im 19 i have 10k in the bank. most people i know don't have shit to they're name.

09-15-2005, 12:57 PM	#12
smack Push Porn Like Weight. Industry Role: Join Date: Mar 2002 Location: Inside .NET Posts: 10,652	average person? 8 - 10 grand? __________________ Cry havoc and let slip the dogs of war.

09-15-2005, 12:57 PM	#13
grumpy Too lazy to set a custom title Join Date: Jan 2002 Location: Holland Posts: 9,870	the average person owns the bank money. __________________ Don't let greediness blur your vision \| You gotta let some shit slide icq - 441-456-888

09-15-2005, 12:59 PM	#15
u-Bob there's no $$$ in porn Industry Role: Join Date: Jul 2005 Location: icq: 195./568.-230 (btw: not getting offline msgs) Posts: 33,063	alot less than me ;)

09-15-2005, 01:00 PM	#16
Rinaldo Confirmed User Join Date: Sep 2003 Location: South Florida Posts: 5,086	I read somewhere that the majority of the world lived paycheck to paycheck and that if you're keeping more than 500 in your account you'er better than most.

09-15-2005, 01:01 PM	#17
Sam Granger Confirmed User Join Date: Dec 2004 Location: NL (Eindhoven), CZ(Prague), FR(Concarneau) Posts: 3,958	$2000? 8chars __________________ [img]http://**************/sig/fhv3_j2_624x80_2.gif[/img] $35-40 Per Signup, 60-70% Rev Share, over 80 Sites, Exclusive Sites, tons of free content 14,000+ Free hosted Galleries, RSS feeds, Domain Hosting, Embedded Flash Movies Join Fetish Hits now! ICQ:** 358652230

09-15-2005, 02:16 PM	#18
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	ya. 75% of the people I'm sure live paycheck to paycheck. I might not have a ton in my personal, but I keep it in my business account for tax purposes.

09-15-2005, 02:23 PM	#19
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	they have almost enough to get to their next paycheck...... __________________

09-15-2005, 02:32 PM	#20
wiggitywack Confirmed User Industry Role: Join Date: Mar 2004 Posts: 561	the average Americcan savings rate is now zero.... I bet the Europeans and esp. the Japanese tend to have a lot more saved...they are more disciplined

09-15-2005, 02:34 PM	#21
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	I would say that the average person have about 2500 at any givne time. __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

09-15-2005, 02:34 PM	#22
After Shock Media It's coming look busy Join Date: Mar 2001 Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn". Posts: 35,299	Average, I would suppose approx. 15 to 25% of their take home wages at any given time. __________________ [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

09-15-2005, 02:39 PM	#23
toddler Confirmed User Join Date: Jun 2002 Location: austin, tx Posts: 1,911	Certainly not $10k for the average person. More like $1k, if that. I'm happy not being average.... __________________ http://www.flickr.com/photos/zoddler/

09-15-2005, 02:40 PM	#24
phogirl69 Confirmed User Join Date: Jul 2001 Posts: 3,330	Most people live paycheck to paycheck and don't make enough to save. AVERAGE salary in the US is only 36k. http://66.102.7.104/search?q=cache:H...ient=firefox-a That means the bi-weekly is around 1k or so give or take a few after taxes. That's not very much if you have bills to pay. Of course a lot of people make more but they are not the average. Average person probably has 3-4 k at best I would guess. A lot of my friends, (in their mid-late twenties) don't even have 3 or 4 k, and are more like living paycheck to paycheck or more like dollar to dollar. When I had a 9-5 I was barely able to save ANYTHING after rent, bills, and then of course shopping.... I was only able to save once I started selling porn. Last edited by phogirl69; 09-15-2005 at 02:43 PM..

09-15-2005, 02:41 PM	#25
Kassidy Confirmed User Join Date: Jul 2003 Location: Vancouverish... ICQ# 111432084 Posts: 1,219	Less than $1k...majority of people live paycheque to paycheque and owe owe owe. __________________ The ORIGINAL micro niche program- All Original and exclusive content. Paying 60% recurring through CCBill, FHG, free content & gallery templates Well researched niches with on-target content. SUBSTANCE SELLS!

09-15-2005, 02:54 PM	#26
Peaches Old broad Join Date: Oct 2002 Location: Away Posts: 13,933	I agree that probably the average American has less than $1K. I would be a nervous wreck. One thing I started doing when the money came in was put at least 6 months worth of basic living expenses in a low interest (well, now it is...back in the late 90's it was high interest...) easily accessible account. You never know what's going to happen

09-15-2005, 03:02 PM	#27
blazin Confirmed User Join Date: Aug 2002 Posts: 2,781	Average person hasn't got shit in the bank. __________________ I don't endorse a god damn thing......

09-15-2005, 03:05 PM	#28
Serge Litehead Confirmed User Industry Role: Join Date: Dec 2002 Location: Behind the scenes Posts: 5,190	50 __________________ SilverCrocodile.com Adult web design since '05

09-15-2005, 03:16 PM	#30
CynthiaB Confirmed User Join Date: Mar 2005 Location: The OC Posts: 1,274	$30 dollars any less and they just take it for fees Cyn

09-15-2005, 03:20 PM	#31
tapatio Confirmed User Join Date: Aug 2005 Posts: 526	I looked for a few minutes to find it online. I was not able to come up with a national average. Did anyone else look? __________________ ttapatio@ Gmail dot Com

09-15-2005, 03:25 PM	#32
sherie Confirmed User Join Date: Feb 2002 Posts: 7,020	Hmmm I would have to agree with the fact that most average people live pay cheque to pay cheque and owe the banks. I am so greatful that I am debt free...took a long time to pay back student loans but I managed 18K over a few years, but it feels good to not owe anything. Well, I have one credit card and I pay that off in full each month or every two weeks. __________________ AIM sherierocks ICQ 127-296-286 Skype traffichor

09-15-2005, 03:39 PM	#33
After Shock Media It's coming look busy Join Date: Mar 2001 Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn". Posts: 35,299	Well lets see. Average personal debt is right around 20k (mortgage not included). Average yearly salary in the US is also right near 20k. This now pulled from US department of Commerce. Average savings percentages in the US since 12-04 to current. December 2004 4.4% January 2005 0.9% February 2005 0.6% March 2005 0.5% April 2005 0.2% May 2005 0.4% June 2005 0.0% Looks like nearly 100% of average peoples incomes are going to rent/mortgage, utilities, groceries, debt, or whatnot. Thus I still will go with my previous answer of 10-25% of any given paycheck at any given time, accounting for check floating and the like. Though technically it appears that many accounts are in a negative in reality if a paycheck was late, they got injured or had a large expense. Edit- couple quotes I found. More than 40% of all women had less than $500 in the bank. For those 25 to 34 years old, the percentage without a rainy day fund jumped to 55%. "a large proportion" of Americans are not saving and have never saved, Salisbury acknowledges. "That's largely a function of income . . . They're just barely managing to survive as it is, and they don't have enough income to save." More than 70% said they worried about their finances in the last year, and two-thirds said that unexpected expenses -- things like the furnace breaking or the car needing to be fixed -- were the cause of that worry __________________ [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected] Last edited by After Shock Media; 09-15-2005 at 03:41 PM..

09-15-2005, 03:43 PM	#34
Ray Nagin Will everyone please review my newest site? Join Date: Sep 2005 Location: the Mayor's Office Posts: 820	lifes a bitch and then you die __________________ this is not a FAKE NICK

09-15-2005, 03:49 PM	#35
billywatson Confirmed User Industry Role: Join Date: Aug 2002 Location: The Valley o' Smut. Posts: 3,281	They have just about enough to make it to next payday...whenever that is... __________________ We're Fabulous! PROTECT YOUR CONTENT on Twitter I Shoot Porn.

09-15-2005, 03:52 PM	#36
potter Confirmed User Industry Role: Join Date: Dec 2004 Location: Denver Posts: 6,559	Yup, basically if someone is making $5k monthly. They've surely found a way to spend $5k monthly (if not more). We're consumers (America), we spend money our money. __________________

09-15-2005, 03:52 PM	#37
fl_prn_str Confirmed User Industry Role: Join Date: Aug 2004 Location: Tampa, FL Posts: 5,736	$9.99 (usd).

09-15-2005, 06:34 PM	#38
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	credit card debt is what kills many people __________________ I'm just a newbie.