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Source: Common Domain

Why aren’t most Americans rich These theories may help explain it

Today 01:29 GMT

With the median net worth of Americans currently hovering at $68,828 per household, most hardworking Americans are far from being millionaires.

In fact, one in five Americans say they have more credit-card debt than they do in emergency savings and less than 40% of Americans say they have enough savings to cover a $1,000 emergency room visit or car repair. But with the median net worth of Americans currently hovering at $68,828 per household, most hardworking Americans are far from being millionaires.


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