1575: 10 Financial Statistics of the Average American by Joel of Budgets Are Sexy on Finance Comparisons

Optimal Finance Daily - Financial Independence and Money Advice

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Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 2 July 2021

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

Joel of 5AM Joel reveals 10 financial statistics of the average American. Episode 1575: 10 Financial Statistics of the Average American by Joel of Budgets Are Sexy on Finance Comparisons Joel is a 35-year old living in Los Angeles with his wife and their dog. He was born and raised in Australia and moved to the US when he was 22. About 4 years ago he started getting up every morning at 5am. It started as one of those 30 day challenges, but after the challenge was over, Joel never stopped. He started noticing major improvements in his work, health, relationships and happiness in life. Joel sends out a short daily message at 5am each morning. He writes about happiness, positivity and learning to be a better human. The original post is located here: https://www.budgetsaresexy.com/financial-statistics-average-american/ Keep your money safe with Vaulted - an easy to use web app that allows you to purchase and save gold at the tap of a finger. Sign up for an account today at vaulted.com/optimal Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Join the Ol' Family to get your Free Gifts and join our online community: OLDPodcast.com/group Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily, Episode 1575, 10 Financial Statistics of the average American,
0:07.1	by Joel of budgetsorsexy.com. And I'm your host and personal finance enthusiast, Diana Mariam.
0:13.9	This is the show where I narrate posts from your favorite personal finance bloggers,
0:18.1	with their permission, of course. If you're in the US, I hope you have something fun
0:22.5	planned this weekend for Fourth of July. I'm actually traveling to Colorado Springs today.
0:27.4	I'm speaking at a camp-fi event, and I'm so excited. I often hear people talk about how
0:32.8	their pursuit of financial independence can be a lonely road, because it's hard to find friends
0:37.5	that also prioritize their finances. I've solved for this by going to events like camp-fi,
0:43.7	and I even created my own event called the Economy Conference, and that's spelled with an
0:48.4	ME at the end, not an MI. I'm not exaggerating when I tell you that all of my closest friends today
0:54.4	are people doing incredible things with their money, and it has made my own journey so much
0:59.2	more fun. Check out campfi.org to learn about the event I'm at this weekend, and come party with
1:05.2	me at the Economy Conference this November at the University of Cincinnati. Tickets are available
1:10.8	now at economyconference.com. But since you're here, let's get right to it and continue optimizing your
1:17.2	life. 10 Financial Statistics of the Average American by Joel of BudgetsRsexy.com
1:29.3	Today, I thought we could play a little game called How Do Your Finances compared to the average
1:33.8	Americans. I've gathered 10 money statistics about the average US households finances,
1:40.0	and while this data has no actual effect on your personal situation or trajectory,
1:44.8	it's still fun to see how you stack up. Remember, it's just a game. Don't get too wrapped up in
1:50.1	the numbers. Everyone's situation is different. Let's get to it. The average American financial profile,
1:57.1	how do you compare? Most of this data is pretty recent, but because 2020 was such a strange year,
2:03.2	some data points are a few years old. There are also a ton of variables that we could pick apart in
	...

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