• HamManBad [he/him]
    ·
    10 months ago

    This only represents people with bank accounts doesn't it? No way the bottom quartile overall has an average higher than a grand

    • radiofreeval [any]
      ·
      10 months ago

      Honestly, even 10k isn't a large enough safety net in case something goes really wrong

    • funkless_eck@sh.itjust.works
      ·
      10 months ago

      when I was poor I struggled to have non-0 savings. I have a graph of my savings from the last decade. I was really excited when I could sometimes get it to nearly $500 before it crashed to zero

      I'm doing better now. I hope I never forget where I came from

    • Barabas [he/him]
      ·
      edit-2
      10 months ago

      It is median. So it tracks the 12.5%th poorest American. Only people with bank accounts apply.