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donaldlyons17
Vincent Chan
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Comments by "donaldlyons17" (@donaldlyons17) on "Signs You're Doing Well Financially (Even If It Doesn't Feel Like It)" video.
Well no an average of almost broke makes sense. Lets say about 1/2 the population is above and the other 1/2 is below a bank account balance (checking and savings combined of $7,000 USD) So if the averages are in the $11,000 to $60,000 range it stands to reason the people with 100,000 accounts are pulling up all those accounts with $100. Median numbers would yield well short of the 7K median because too many people don't have $400 so he used averages instead. It make perfect sense given how many people making between $20,00 to $50,000 are not rich enough to survive 1 month without $1,000 USD stimulus checks. (2020)
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LOL!!! But he got to say something strange like people don't know how "well" or "not well" they are doing!!!!! People should just worry about their goals and not compare themselves to others unless those others goals will impact theirs.
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@bt2598 They might have a few dollars in savings each month but it appear many don't have a lot.....
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