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8 Financial Facts that will leave you SPOOKED

In light of Halloween season, we want to share some interesting SCARY facts about finances that might surprise you.

  • The average household with debt owes $132,529
  • Fool.com states that only 18% of Americans have IRAs
  • The US average savings rate is only 5.5%
  • $3.1 trillion is spent on healthcare alone
  • According to an article found on frugalrules.com, 52% of Americans could not cover an emergency of $400
  • Food waste accounts for $165 billion each year
  • 54% of people with student loans did not check what their monthly payments would be before taking them out
  • The average household with credit card debt pays $1,292 in interest alone

Our goal is to spread financial literacy awareness. We all need to take inventory of our spending and saving habits. We hope you enjoyed these spooky facts and wish you a safe and happy Halloween.

About Our Financial Planners

As financial planning experts in Lake Oswego, we offer a unique approach to develop a comprehensive financial plan that fits your unique situation.

Lake Oswego Office

5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035

(503) 747-6534
(503) 214-6534

 

Palm Spring Office

777 E. Tahquitz Canyon Way, Suite 200-105
Palm Springs, CA 92262

(760) 606-0087
(760) 606-0084

 

Roseville Office

3017 Douglas Blvd., Suite 300
Roseville, CA 95661

(916) 546-8598