How Much Money Do People Have?


One of the key takeaways – MBAs have the highest net worth of all higher educational degrees, while doctors and dentists have the most cash (and debt).

On average, young professional men and women both have positive net worth. However, there is a large gap in net worth between men and women. Men have more than double the net worth of women, averaging $12,188 compared to the female average of $5,541.

Overall, men and women have similar cash balances: $9,512 for women and $9,565 for men. Women hold more money in their savings accounts than men, who keep more in their checking accounts. Are women more conservative with their cash?

The complete article


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