6.3% - 8.8% savings basically means individuals were living paycheck-to-paycheck, which is a frightening prospect.

The savings rate rising to 33.7% is encouraging, but I wonder if it is a symptom of the stimulus and having nowhere to spend money because of the quarantine.

I wholeheartedly agree with your premise. We all need to save more money--more than the recommended 20% if possible. Also, I like how you covered compound investments and gave example scenarios. Great followup!

One suggestion: I'm familiar with that Nerd Wallet calculator. Big fan! You may want to enter your examples into the calculator and take screenshots. I would share those screenshots in my story. Just something to consider.

Overall, excellent topic! I thought you gave really solid advice, and I'm well on my way to check out your YouTube channel!!

Thanks for sharing!