Lesson #117-Don't Be Average 2016 Edition
When I first started the blog and the podcast, one of my most popular posts that gained some traction was the Don’t be Average blog post. In this post I shared some average financial statistics on income, debt, and savings which I tried to paint a picture that the average financial situation in America isn’t all the great. Since the original post back in 2010 I updated it for 2011 and did one of my original podcast lessons on the same topic.
But I realized I hadn’t had an updated version since 2011 so on today’s lesson we’re going to cover the average financial stats in America for 2016. Among some of the statistics discussed in the show:
We go into depth more on each stat and explain why these are troubling statistics.
But we also explain why it can be used as motivation to get out from under the rut of being at or below average and what you can do to having a good personal economy.
This is just a great reminder that we can’t go through life taking advice from “He said, I heard, and everybody does.”
Today's quote of the lesson is brought to you by Audible.com
"Average People live beyond their means. Rich people live below theirs. ” ~ Steve Siebold
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