Birdwatch Note Rating
2024-02-02 15:26:01 UTC - HELPFUL
Rated by Participant: 7D626539B6E99569B3D24208F7488C2487369342CC4D477BE1977AA4AA9F1035
Participant Details
Original Note:
The post mixes household finances with individual adult finances. The post correctly states that the median US household has $8k in transaction accounts. Since the median household expenditure was $72,967 in 2022¹, $8k is enough for 6 weeks expenditure, not 3 months. Sources: ¹https://theneighborhoodfinanceguy.com/american-spending-in-2022/#Feeling_a_bit_stressed_about_Expenses
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