The AVERAGE Savings From 18-30 🇦🇺

@benvvesting

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Why it worked

The video taps into a common curiosity about personal finance benchmarks, providing clear, age-specific data that is easily digestible. The use of on-screen text and a direct, conversational tone makes the information accessible and relatable to a broad audience interested in financial comparisons.

Summary

The video presents average savings amounts for Australians across different age brackets from 18 to 30. It breaks down the average savings for each two-year age group, showing a steady increase with age. The creator notes that these are averages and may be skewed by higher earners, suggesting the median might be a more accurate reflection for some.

Structure

1Introduction to average savings in Australia
2Savings for 18-20 year olds
3Savings for 20-22 year olds
4Savings for 22-24 year olds
5Savings for 24-26 year olds
6Savings for 26-28 year olds
7Savings for 28-30 year olds
8Explanation of averages vs. medians

On-screen text

The AVERAGE Savings From 18-30 🇦🇺 18-20: 20-22: 22-24: 24-26: 26-28: 28-30:

Original caption

How much you should have saved from 18-30 🫩 #average #savings

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Transcript

young Australian how much money you should have saved up. This average Australian has saved up. The average 18 to 20 year old has around $4,000 saved up. The average 20 to 22 year old has an average of $6,500 saved up. If you're 22 to 24, the average person your age has around $11,500 saved up. Average 24 to 26 year old has around $15,500 saved up. 26 to 28 year olds has an average of $18,500 saved up. Finally, the average 28 to 30 year old has around $21,000 saved up. That's exactly what the average Australian has saved up. I don't know if that makes you feel better or worse about your savings. Keep in mind these are the average numbers, not the medians, which may actually be a little more accurate. So these numbers are actually a bit favour people with more money saved up. You may actually be doing a little bit better than you think because the average Aussie that that doesn't actually have that much money in their savings. So