I was wondering how much is the average person have in there savings account. I'm 18 years old and have $25,000 in my savings account. How much do you have?
I you find this question to personal please to answer.
2006-10-05
08:38:47
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17 answers
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asked by
Yandel
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Business & Finance
➔ Personal Finance
Update: Sorry for that typo, i meant if you find this question to personal don't answer it.
2006-10-05
08:40:59 ·
update #1
You are wise beyond your years. That is a substanial amount of savings for one your age. If you save and invest wisely you will have a secure future. By the way, it is not very polite to ask others about their income, money mattters. I will just tell you that when I was 18 years old, I had no savings at all. Keep up the good work.
2006-10-05 08:42:45
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answer #1
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answered by Shayna 6
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I don't really have any savings, but I do have a sizable chunk (a little less than you) of change in my investment accounts. Savings just don't add up. I also don't have much debt (just my house). There is no reason to have money in a 2% savings account when you're being charged 6% on a mortgage. You lose 4% of your money each year!
2006-10-05 08:45:06
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answer #2
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answered by Jeremy 3
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an 18 year old with 25k? now i wonder how that happened? don't blow it.. your parents weren't fooling around when they put those funds into your savings.. that's for the future.. put this money to work for you.. make money upon it.
you'll need it.. because retirement is a big joke and careers aren't as secure as once was... and then you'll probably have family... you got to crunch down and study up!
make that money last.. make it double.. if you could save til you had 100,000 or so by you're 40.. then you're well on your way!
make sure that's not just the only account you have.
2006-10-05 08:47:10
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answer #3
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answered by Anonymous
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I am 35, and got more than you, thats for sure, and my children, ages 10, 11 and 12 have more than you, each. Sorry. keep saving! I will not tell exact numbers cause I dont want to be target to be killed thank you very much. Your little email implying that at 35 I am old is just nasty yandel. Take your meds. BE NICER to people. My prediction: You are gonna get beten up by lots and lots of people....
2006-10-05 08:40:56
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answer #4
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answered by cricketwinner@sbcglobal.net 4
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Your well off compared to the national avg for your age. Im 20 and have only $3000. Due to college though, which sucks you dry.
2006-10-05 08:41:16
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answer #5
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answered by Anonymous
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I have fizzinta skweez, and a rang dang doo.
I had to write code, just in case somebody steals my identity, and then they will be a rang dang ding dong too.
2006-10-05 08:43:12
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answer #6
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answered by theodore r 3
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well you seem pretty much satisfied with your $25 hundreds, and it seems you are expecting answers like: my god, so young and all that money, or wow boy! you really made it... but let me ask you something: how many dreams of your own you have in mind? how much of them have you accomplished? have you loved someone? do you know what to do about your life? do you do charity? attend church? believe in GOD? got plans for your future? how good-looking are you? in shape? loving-caring family?
.. better think about that.
2006-10-05 08:49:18
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answer #7
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answered by whothatBE 4
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no savings account to start with :(
2006-10-05 08:40:06
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answer #8
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answered by jazzy_chica85 3
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like 250 dollars
2006-10-05 08:47:25
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answer #9
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answered by rae 2
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me and the word save have never seen eye to eye unfortunatly
2006-10-05 08:41:19
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answer #10
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answered by Anonymous
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