How much money did you have at age 25?

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8 years ago 02/27/2016 10:08am EST

re: forever a bum?

You are okay. Don't apologize for where you are. You do have to do your job better, be more consistent, be more mature than the younger folks you'll be working with. Otherwise, you are no different than some kids who effectively work for video games.

forever a bum? wrote:
damn you guys make me feel bad. I messed around for a few years after high school but im 27 now and only just about to finish uni in may. Its pretty brutal cause almost everyone I know is "ahead" of me in life. I have no job, no money saved, 3k credit card debt, and 4k student loansl. Any of you guys waste your 20's like me and still make it out ok? I don't expect to be rich or anything but I would like to one day be able to consider myself successful and make more than just enough to get by

8 years ago 02/27/2016 2:12pm EST

re: forever a bum?

I'm 25 and only have about 4K saved. However I just finished paying off my student loans and my car, and I live below my means so I feel pretty good about my future saving.

8 years ago 02/27/2016 3:16pm EST

re: Good Saver?

When I was 25 I had a grip of money not sure who much maybe 500 K was a baller but I blew or blow my money now have maybe 10 K and im 35 now lol opps.

6 years ago 10/07/2017 8:07am EDT

re: Me TOO?

I just turned 25 in August and came across this post. I graduated college 2 years ago (2015) and got my first job 40k/year when I was 23 in 2016 and got let go few months later in April 2016. I got a contract job from July to November 2016. I Had about 5k in my savings then. Since then about 1.5 year later, I currently have 100k in cash saved. I also bought/rent out 2 properties (put 10k down total). While I was unemployed I just kept my side hustles going. I have 2 job offers (45-50k) and 70k but they have their pros and cons. The first one may be less in salary but I feel I can make more than 20k In side hustles than I would if I took the 70k job that is farther away.

6 years ago 10/07/2017 12:17pm EDT

re: 25

At 25 I was in graduate school, single, and had very little money saved (probably a few thousand bucks, I don't exactly remember) but I had zero debt and was in the process of getting a Ph.D. in a field that would pretty much assure me a decent living. I am now 59 and well into the top 5%, though I'll never be in the top 1%. Where you are financially at 25 probably doesn't have much correlation with where you end up.

6 years ago 10/07/2017 12:21pm EDT

re: born in 88

born in 88 wrote:
I'm the guy who said he saved 50k.
College cost about 90k. Paid for about half that myself. Finished paying off loans a little over a year ago, so savings didn't begin until then. I've been working for 3 years, currently make 60k (50k when I started).
I honestly don't know if that's better or worse than average, so I'm not trying to either brag or be humble. Just stating the facts.

So you started saving a year ago earn 60k before tax and saved 50k in that time?

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