How much money would it take to change your life?
It appears that it would be a lot less than you’d actually think.
According to a new research, $19,800 is the magic number the average American sees as a ‘life-changing’ amount of money in 2019.
The study, which explored American finances found that more than 1 in 5 millennials (22 percent) view $5,000 or less as life-changing, an amount that would make a large impact and change in their life.
It also appears like people are a little more thoughtful about how they’d use the money.
The top five things people said they’d do if they got a random $20,000 was place into savings, pay off medical bills, pay off debt, start a business, or put it into their retirement account.
