How much money has the average 30-year-old American saved?
The median bank account balance for this age group is just $3,240.
In this episode, Dave compares and contrasts 3 different countries' savings rates.
The 3 countries explored are China, the United Kingdom, and Germany.
Each one of these countries has a very different savings rate and the important thing is it doesn't completely depend on how prosperous the people are.
Learn how different factors, both economically and socially, make up each country's rate of savings.
In addition, Dave briefly compares how the United States and Canada stack up.
It's an interesting episode that you don't want to miss!
Questions for Review:
- How does your personal savings rate stack up against these 3 countries?
- What percentage of your income can you feel comfortable saving today?
- Do you have a goal to save a certain amount each month? If so, what would it take to accomplish that goal?
Verse from the Episode: "Bring the full amount of your tithes to the Temple, so that there will be plenty of food there. Put me to the test and you will see that I will open the windows of heaven and pour out on you in abundance all kinds of good things." -Malachi 3:10