I’m digging through USAA’s Winter 2006 magizine.Â For those unfamilar with USAA it’s more or less the official bank of the military.Â At least that’s how Energi Gal explains it to me.Â They published a couple of surveys.
In the first:
- 51% of people want to save $1,000,000
- 74% have saved less than $50,000
- 30% have saved $0
That doesn’t bode well for a lot of people.
In the second survery, they found that 49% of teens say they know next to nothing about the family finances, while 63% of parents say they share “a lot” with their teens.Â It seems like the two sides can’t agree on how much they are talking.
I guess whoever did the Winter 2006 stats was only at work 80% of the time since none of the numbers seem to add up.