The Average Person Only Has $8,000 Total - No One Taught Me How to Save (Video)
In this 3 June 2026 published video, host Michael Bordenaro talks about how shocking it is that many people still aren’t getting basic financial education, even in 2026! This video discusses the frustration of hearing people claim they were never taught how to get out of debt, the importance of budgeting, or even saving money. We need to prioritize financial planning for everyone.
It is completely valid to feel overwhelmed or frustrated by this, especially since personal finance is rarely taught in schools. According to the Federal Reserve’s Survey of Consumer Finances, the median American household only has about $8,000 across checking, savings, and money market transaction accounts. You are definitely not alone in feeling this squeeze or starting from scratch, but you can intentionally opt out of this standard cycle by building simple, automated systems
https://youtu.be/DQrtQyaDZzo
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