Luokat: Kaikki - income - wealth - savings - debt

jonka Kaitlyn White 11 vuotta sitten

339

American Dream 2005

In 2005, the American Dream was heavily influenced by financial aspirations and challenges. Consumer debt soared to unprecedented levels, reaching $2.1 trillion. Many Americans were leveraging the equity in their homes, extracting significant amounts to manage existing debts, with over half of the equity withdrawn used for this purpose.

American Dream 2005

American Dream 2005

Data

Subtopic

Concept

lottery
No debt
money

America suffers

Americans cashed out $333 billion worth of equity on their homes
51% of the equity was used to pay off debts
Cosumer debt had reached an all time high of $2.1 trillion

Averages

8% of people said they need a yearly income of $1 million to be rich
51% of people with a income of$75,000 a year felt they would be rich someday
There is a 19% of making $340,000 in the next 15 years

Movements

Books about how to get rich quick
Buy everything you want
Pay off debts

Money

Everyones lives was focused on winning the lottery
Being rich is the Dream
Everyone is just focused on Money