This is how you balance a simple chemical equation for mass. You may also need to balance equations for both mass and charge. Also, you may need to indicate the state (solid, aqueous, gas) of reactants and products. Balanced Equations with States of Matter (plus examples) Step By Step Instructions for Balancing Oxidation-Reduction Equations
A study conducted by Robert Farrington, founder and editor of The College Investor, a personal finance site, claims that the average US millennial's net worth is about â$17,612, indicating that Americans between 18 and 30 owe $17,612 more than they have in their assets (including cash and property).
Finally, we do have to make some assumptions about saving. Remember, net worth is all about assets minus debt. But income plays a huge role and how much income is saved and how much debt is payed off really makes a difference. For the average millennial, I'm going to look at average savings rates for the calculation.