I Asked ChatGPT How Much I Would Have Now If I’d Saved $100 a Month Since 2020

Core Insights - The years following 2020 have been characterized by significant economic fluctuations, including government stimulus, inflation, and increased borrowing costs [2][3] - During the pandemic, U.S. households accumulated approximately $2.3 trillion in excess savings, with the personal saving rate rising from 7.25% to nearly 18% [3] - By 2024, many Americans had depleted their savings, with only about half maintaining three months' worth of expenses [3] Savings Analysis - Saving $100 monthly from January 2020 to October 2025 totals $7,000 if kept in cash, but could grow to $7,635 in a high-yield savings account at 4% interest, or approximately $8,400 if invested in an index fund with a 7% annual return [5] - The importance of regular saving is emphasized, as missed opportunities for growth can significantly impact overall savings [6][7] Behavioral Insights - The unpredictability of recent years has highlighted the necessity of building a habit of saving, even in small amounts, to prepare for future financial stability [7]