Submitted by justpeachiey t3_10iixav in personalfinance
I just came across a video on TikTok where a guy said that having 100K is savings in your mid twenties is not that big of a deal and everyone should be able to get there. And the comments were all full of people with quite substantial savings at like 23
I know that most of the financial ‘advice’ there is bs. But it got me wondering what is considered as a good amount of savings.
Obviously everyone’s experience is different. But i genuinely don’t have any savings. I just finished uni and i could only work part-time during it, and that money went towards living expenses. I’m going to start a masters now and i doubt the situation would be different then.
So the earliest I could truly start thinking about putting money aside (given i manage to land a well paying job) is 26.