Generalsavings amountttPosted:

Status: Offline
Joined: May 04, 20144 Year Member
Posts: 48
Reputation Power: 1
how much is a good savings amount to have in your bank when your 18 to you guys?
#2. Posted:
  • Gold Member
Status: Offline
Joined: Jun 03, 20126 Year Member
Posts: 4,221
Reputation Power: 213
Motto: "if I had the choice between killing 1000 Octopuses with a knife or letting 1 human die I would not even think twice before sending tentacles flying all over the place." - Eli
Depends on your nationality, culture, upbringing and a range of other factors.

Some people have never worked a day in their lives at age 21 but yet others have been doing hard labour since age 16 and have saved their wages for a appropriate time.

Dont worry about what other people have.

#3. Posted:
  • Veteran
Status: Offline
Joined: Jan 15, 20117 Year Member
Posts: 20,179
Reputation Power: 1352
When i was 18 i had 0, i'm 21 and still have 0.

#4. Posted:
  • Winter 2017
Status: Offline
Joined: Oct 01, 20143 Year Member
Posts: 2,671
Reputation Power: 412
Motto: / A Man Who Lives For Nothing Will Die For Anything / Road To 4oo rep /
Didn't get a job till I was 19 but my buddy had 6,500$ when he graduated high school
#5. Posted:
  • Winter 2017
Status: Offline
Joined: Feb 27, 20126 Year Member
Posts: 2,817
Reputation Power: 357
I managed to accure 11k by 18, i saved money from working my job, then working the summer with my dad. Then also money from graduating HS.
#6. Posted:
  • Game Reviewer
Status: Offline
Joined: Jan 16, 20126 Year Member
Posts: 19,244
Reputation Power: 2625
Motto: Unbans: tenner per go
My savings account went on a car, so nothing worth bragging about.
#7. Posted:
  • 3000 Thanks
Status: Offline
Joined: Mar 30, 20108 Year Member
Posts: 11,247
Reputation Power: 4353
I had a nice whip when i was 18, put it on a car loan... $7k then i had a $800 capital one CC.
So i was in the hole.

Met my wife at 19, became debt free at 21.
Started my own business and now at the age of 30. My house is paid off, got a 401k growing, some stock and no bills except a new suv i bought the wife a couple years ago and have comfortable savings/personal/business accounts.

It really depends on if you are going to live in the moment or have a cushion when you retire because for me... i do not want to wok for the rest of my life.
#8. Posted:
  • Winter 2017
Status: Online
Joined: Sep 27, 20143 Year Member
Posts: 2,457
Reputation Power: 235
I had 2500 when I graduated
Hate to sound ungrateful but id much rather have been given an old muscle car like a few friends of mine lmao
#9. Posted:
  • Gold Member
Status: Offline
Joined: Aug 30, 20171 Year Member
Posts: 316
Reputation Power: 37
there really isn't no set amount, I would just save as much as you can.
#10. Posted:
  • Veteran
Status: Offline
Joined: Jan 16, 20117 Year Member
Posts: 21,653
Reputation Power: 2346
When I was at 18, I had $0. Joined the Army, grew to $6k by 19. Then married at 20 and Its at 0 again lol. But we still have nice things
Users browsing this topic: None
Jump to: