Today I read an article on the average savings of Australian households and the statistics somewhat surprised me... Australia is a very expensive nation - I was genuinely surprised that anyone had *anything* in savings. The average overall was $15,000 per household, but one state had an average of $25,000 per household. Then they split it according to Gen Y, Gen X and baby boomers and Gen X households fared the worst @ $8000 on average. $8000 being "bad" almost wanted me to smack my head and laugh simultaneously.
When I was expressing my outrage surprise to DH, he didn't seem to be fazed. He said "well, maybe they are just good at saving".. to which I took offence of course (being the one who manages the finances in this household). I even yelled out "where are all these people getting the money from!!" and stomped out in a moment of frustration.
I thought I'd start a poll and I hope you don't mind participating. It will help me to build a more accurate picture of household savings (from those who have kids).