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Save 20% on Brilliant’s annual Premium subscription https://brilliant.org/Nischa Download my free Intentional Spending Tracker https://nischa.me/ist Watch The Diary of a CEO podcast with me • Nischa Shah: They’re Lying To You About Bu... In this video, I share 10 surprising money stats that reveal what the average person’s finances really look like - from income and savings to debt and retirement. My products: 📶 Start Here (free): Intentional Spending Tracker https://nischa.me/ist 📊 How & Where to Invest LIVE Workshop (free): https://nischa.me/investyt 📙 Manage Your Money Like the Top 1% Toolkit: https://nischa.me/plan Other tools: UK ISA and savings accounts: https://nischa.me/plum Free fractional shares worth up to £100 (enter code 'NISCHA'): https://nischa.me/trading212 TIMESTAMPS: 00:00 Intro 00:38 How much the average person really earns 03:06 How dangerous timing the market can be 04:31 How many people are financially literate? 05:36 How many people have an emergency fund? 07:08 How much people actually save for retirement 09:35 How important are your savings? 11:07 Even high earners are living paycheck to paycheck 12:28 Car loans 13:08 Average student debt 14:51 How many millionaires are there in the world? DISCLAIMERS & DISCLOSURES This content is for educational and entertainment purposes only. Nischa does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal. This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Thank you for your support! *T&C's apply