Success
JULY 25, 2022
In a 2018 study of financial capability, results showed that men, on average, responded to 3.3 Debt is a normal part of most people’s personal finances—according to the Consumer Credit report released by the Federal Reserve, in February 2022 Americans had $4,481 in debt on average. Break free of debt. It’s not inherently bad.
Success
MARCH 9, 2022
If your salary doubled, you’d be able to afford the things you want, you’d start saving meaningfully or you’d finally get out of credit card debt. It’s a subtle shift, but people report that they just stopped craving, wanting or needing things they used to purchase. Think about it. This is an illusion.
Success
JANUARY 8, 2022
According to a 401(k) report from Fidelity Investments, the average contribution of its investors—of which there are now 307,600 millionaires —was 14%. million as of September 2018. If you do the math, it works out to saving 12.5% of your gross income. If your employer offers a match, you can save up to 15% of your income annually.
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