Is 10k a lot of money?
$10,000 to some people is more than they make in a year.
To some people $10,000 is what they give to charity on a regular basis.
In the state of Florida, the average person makes $41,000 a year.
Therefore, I would say in the state of Florida (USA) $10,000 is a lot of money.
How long can you live on $10 000?
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Is 100k in savings a lot?
According to a new Bank of America survey, 16 percent of millennials — which BoA defined as those between age 23 and 37 — now have $100,000 or more in savings. That’s pretty good, considering that by age 30, you should aim to have the equivalent of your annual salary saved.
What should I do with 10000 dollars?
Here are 5 smart ways to invest $10,000:
- Invest in Stocks, Mutual Funds or Bonds.
- Open a High-Yield Savings or Money Market Account.
- Try Out Real Estate Crowdfunding.
- Start your dream business.
- Open a Roth IRA.