10 Jaw-Dropping Money Stats About the Average American

Smart Money Happy Hour with Rachel Cruze and George Kamel

Ramsey Network

Business

4.8 • 3.2K Ratings

🗓️ 9 April 2026

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

💻 Shape what comes next for Smart Money Happy Hour by participating in our Spring 2026 audience study! We’re not encouraging you to keep up with the Joneses, but have you ever wondered what their finances are actually like? Today, we’re unpacking jaw-dropping money stats that’ll make you reevaluate your own money situation. Next Steps: 🎙️ Catch our episode Weird Money Habits That Will Make You Rich. 🍸 Follow Smart Money Happy Hour on TikTok: @smartmoneyhappyhour 📱 Submit a Guilty As Charged question for Rachel and George! Leave us a voicemail with your question at 877-306-1517 or send a DM to @rachelcruze or @georgekamel on Instagram! Be sure to type “GUILTY?” at the top of your message so we don’t miss it. 💵 Create a free budget and find more margin with EveryDollar. Connect With Our Sponsors: Check out the FAIRWINDS Credit Union exclusive account bundle. Get 20% off when you join DeleteMe. Get 20% off with code SMARTMONEY at Cozy Earth. Today’s Happy Hour Special: 🍹 Tequila Aperol Spritz Recipe by Join Jules 1 cup tequila blanco 2 1/2 cups Aperol 1 bottle sparkling rosé 1 cup sparkling soda water Instructions: Add all ingredients into a pitcher and mix together. Pour approximately 8 ounces of the mix into a glass filled with ice. Garnish with a strawberry, grapefruit wheel, edible flower, etc. Explore More From Ramsey Network: 💡 The Rachel Cruze Show 💰George Kamel 🎙️ The Ramsey Show 💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 🪑 Front Row Seat with Ken Coleman 📈 EntreLeadership Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey guys, Rachel Cruz here. Listen, we need your help. We have a survey coming out around Smart Money Happy Hour, and we want to make this show even better in 2026, but it's up to you to help us.
0:11.4	So here's how you help us. Text the word smart to this number, 33789, or go to ramsysolutions.com slash smart to take the survey. And no pressure, but we need to beat a world record here.
0:23.4	So take it, ASAP.
0:25.3	Help us out.
0:26.0	And you could win a $100 Amazon gift card.
0:28.7	Who knows?
0:29.4	If you want to help us out and get a chance to win an Amazon gift card while you're at it,
0:32.9	go take it.
0:33.6	The survey closes April 10th, so time is of the essence.
0:41.2	Music The survey closes April 10th, so time is of the essence. We're not a fan of keeping up with the Joneses, but have you ever wondered how much debt they have?
0:47.4	Well, today we're going to drop some jaw-dropping money stats that will hopefully make you feel better about your own finances.
0:53.4	Jay Ramsey's daughter wouldn't be gambling, and I was like, that's me.
0:57.0	The median age of first-time homebuyers is now 40 years old.
1:01.2	No way.
1:02.3	You work on commission?
1:03.6	Big mistake.
1:09.2	Hey guys, I'm Rachel Cruz.
1:11.1	I'm George Camel.
1:12.8	And this is Smart Money Happy Hour.
1:17.2	Cheers, George.
1:20.8	That was a 90-10. I think we can all agree I really reached for that one.
1:24.7	Oh, yeah.
	...

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