Do you consider a bank account saving balance of $10,000 at the age of 30 to be bad?

[Anonymous]

[Anonymous]

I'm sure that's better than a lot of people, they say most people don't save at all. And always make sure your money is growing somehow, even if it's only a CD at 3% or 4% I think it is right now. But even better to invest in an index fund for 10 or 20 years or longer (though there is a stock market crash coming so I'm being careful about that right now).

[Kelley1]

By bank account saving balance, I am assuming that includes a checking account, not just a saving account. On that basis, $10,000 is not great but it is good enough, assumiing he or she used money to make a down payment on a house, there is no credit card debt or other debts other than the mortage and car payments.

[Kelley1]

Thank you for the MHO.

[Asker]

Your welcome

[Anonymous]

No. I had about 15k when I was 30. And I have considerably more now. Unless you're ahead of the curve you typically just start hitting your stride in your 30's in your twenties you're mostly broke and in debt.

[beefcakebradybatson]

Not great, but not execrable.

[Nikki1989]

It is nothing in today's world. By thirty, you should have at least 10 times that amount in savings.

[Pohjolan]

Dude most people having bought a house haven't paid their mortgage at that point.
Be a little more realistic.

[AngryCarl2]

Sounds about average. Folks living from paycheck to paycheck in Donald Trump's America.

[Pohjolan]

Nah being in the positive without debt alone is good.

[mysteriousNicholas]

Sounds like a fortunate frugal person

[In_Trance]

What do you mean by bad

[Mike_Whocheese_Harry]

Nah, it{s fine.

[dudeinohio]

Nope

[jahaims]

Yeah lol

[Kingofkings1992]

Nope.