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Got enough cash to weather this storm? See how your liquid net worth stacks up against everybody else

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Posted (edited)

Got enough cash to weather this storm? See how your liquid net worth stacks up against everybody else

 

 

original blog post: https://ofdollarsanddata.com/liquid-net-worth/?mod=article_inline

 

 

Quote

Now we can see that college-educated households are the ones with the highest liquid net worths, regardless of age.  This doesn’t surprise me given that these same households earn higher incomes and are able to save more as a result.  

What does surprise me is how little liquid net worth households without a high school diploma have.  Even with increased age, the median household without a high school education barely has any wiggle room in case of emergencies. 

 

Edited by hegemony

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I think the results would have been different if they'd asked those without a high school diploma how much cash they have in the bank.

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Now, more than ever, I feel absolutely terrible for those living paycheck to paycheck. 

 

I'd like to see a breakdown of living within in ones means, as that certainly doesn't seem to be universal based on level of education.

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