Creating the Millionaire Mindset In 30 days - Day 2 - Living Life at Less than 100 %

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Life at less than 100%

• 76% of Americans are living paycheck to paycheck.

• 62% of Americans have less than $1,000 in their savings.

• 65% of those 65 and older have less than $25,000 in retirement

• 21% of all Americans have no savings account at all.

• 43% of American households spend more money than they earn.

• The defined middle---class Americans reaching lowest levels since the
Great Depression.

• The median income of middle---class of households in decline for 27 years.

• Median wealth for middle---class households dropped an astounding 28%
between 2001 and 2013 (Pew Research).

• Middle---class take home pay before expenses has plummeted to 43% of gross pay compared to 1970 when the middle class take---home was 62%.

• There are s?ll 900,000 fewer middle class jobs in America than there were when the last recession began.

• 51% of all American workers make less than $30,000 a year.

• 48% of all adults under the age of 30 believe “The American Dream” is dead.

• US ranks 19th in the world when it comes to median wealth per adult.

• The level of entrepreneurship in USA is at an all---?me low.

• For each of the past 6 years, more businesses have closed than opened.

• The 20 wealthiest people in US have more money than poorest 152m combined.

• Top 0.1% of all American families have as much wealth as the bo_om 90%

• Person with no debt and ten dollars has greater net worth than 1 /4 Americans.

• The number of Americans living in high poverty doubled since 2000.

• 48% of all 25---year---old Americans s?ll live at home with their parents.

• One out of five people live in poverty.

• 46 million Americans use food banks each year.

• 1.6 million American children slept in a homeless shelter last year.

• The United States ranks 36th out of the 41 “wealthy na?ons” in child poverty.

• 41% of all children in the United States raised by a single parent are living in poverty.

• 70% of all Americans believe that “debt is a necessity in their lives”.

53% of all Americans don’t have a minimum three---day supply of nonperishable food and water stored. You

• According to John Williams of ShadowStats.com, the real unemployment rate in US really 22.9%.

• The percent of men working in America has gone from more than 80% in 1980 to 65%.

• The labor force par?cipa?on rate for men has plunged to the lowest level ever recorded.

• The inventory to sales ra?o has risen to the highest level since the last recession.

• Manufacturing index is falling.

• Orders for “core” durable goods are falling.

• Nearly half of Americans don’t have $400

• The amount of stuff being shipped by truck, rail and air inside the United States has been falling every single month.

• Corporate debt in the U.S. has approximately doubled.

• While Japan con?nues to print money, Japan's 10---year treasury has gone from
8% to less than .1% over the last thirty years.

• Despite the Federal Reserve increasing interest rates 10---year treasury has con?nued to drop hitng new lows of 1.35% this week.

• Health insurance premiums have increased by a total of $4,865 since 2008.

• The average U.S. household has, at least, one credit card and
approximately $15,950 in credit card debt.

Mr. Anderson is widely regarded as one of the thought leaders in the online marketing, affiliate marketing, SEO, and Google Adwords space. Mr Anderson lives in Southern California where he owns & operates RNA-Consults (www.rna-consults.com/grow-my-biz), The Advertising Today Podcast, and of course, E.A.R.N (in connection with Wealthy Affiliate). Contact him via email at - “nelson @rna-consults.com

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Recent Comments

4

Great information. Thanks for sharing.

Of course. Thanks for reading

I love this post! Clearly, people need to do something about this especially if you are one of the low-income / poverty-stricken statistics. It's time to wake people up. ;)

Unfortunately, majority are too lazy to even do something about it and would rather blend in with the crowd. Thanks for this info.

I couldn't agree more. Some good news - Congress passed a bill requiring publicly traded companies release the difference between the average workers wage and the CEO's.
Amazon released theirs and it was staggering! I don't remember the exact numbers but I do remember that Jeff B. makes more EVERY 10 SECONDS THAN THE AVERAGE AMAZON EMPLOYEE MAKES IN A YEAR!!!!

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