- 3 months ago
- Wedding: July 2020 - Stroudsburg, Pennsylvania
Nothing if you count my student debt. If you don’t count student debt, maybe 10k or so?
Probably like $7k in savings but we don’t own a home. And we have just under $50k in outstanding student loan debt. But we are both at the beginning of our careers so hopefully we can pay that debt off in a timely manner and save up for a house in the next couple years. We are 25 and 26
I had $120k (put into my house i had bought before we met) and he had $10k.
We had little when we were married 8 years ago, less than 20k? Even 20k seemed like a huge amount to me then.
I had just started working after what seemed like a frustratingly long time getting my PhD, and my husband had sunk most of his savings into a down payment for a home he’d just bought..
We are both in professions that pay well.
Sweet FA and still have sweet FA lol. Live week to week, that’s just how it is at the moment. Grateful to have a roof over our head (long term rental) and usually enough for cheap food on the table.
He was 31 and I was 32 (nearly 33) when we got married. We had about 250k between the two of us which includes what we put into our house, investments and retirement savings.
I’m blown away by what some people have been able to save! I’m very reasonable with my money (barely ever eat out, no cable, REALLY cheap living situation, bring my lunch, very carefully planned out car budget, etc) but all of that extra has been going towards paying off student loans and once that’s done, it’ll all go towards the house and some savings.
we got married last June after being together for 4.5 years, and in business together for 3 of those years.
after taking off what we owe, our assets are probably around the million dollar mark.
when we got together (me 26yo DH 31), I already owned my house in town with around $100,000 equity and my husband had some machinery etc probably worth around $400,000.
In the last 5 years together we’ve worked extremely hard to improve that position significantly. I mean 90 hours of work a week each for the most part, in an extremely stressful, all consuming industry. but it is paying off.
Maybe $60k? We don’t own a house so this is what we had in investments and savings.
Prior to getting married we purchased a house together when I was 25 and he was 27 (husband asked what I wanted first a wedding or house- I picked house). The down payment on our home was 12k (I put down 8k he put down 4k since I had more savings than him). We got married this past year (he is 30 I’m 28) and we both have 2k in our separate accounts and 9k in our joint account.
My husband is a chef and I work as a paralegal.
When you don’t make a lot of money, even the most aggressive saving can only get you that far. I’m constantly surprised that more people in this country aren’t really mad about wage and wealth inequality. Statistically speaking, only the wealthy are faring well for themselves, everyone else is doing worse relative to the previous generation.
From what I’ve seen, coming out of university with zero debt is also a common factor – my parents helped for sure but weren’t able to cover everything so I’ve been working hard to pay off a 10 yr note of 30-35k in about 5-6 years. If that hadn’t been the case, I could’ve had 20k+ saved from that same money in the same time. Because of this, my bf will have to pay the down payment and luckily the house we plan on buying should be 200-235k or so but we’ll still have PMI and such. The payments would be within out means pretty well but still – I had been DREAMING of finishing my student loans and then taking 6 months to pad up my savings, but with our timeline we’ll be transitioning to the house if all goes well, so my budget won’t really change.
My mom had little to nothing going into her marriage; she was nearly 22 when she got married and my dad was 27 but he already owned a house as an engineer. But she budgeted well and neither of them were ever into higher end possessions, so they managed okay!
I am very proud of what my husband and I had at 24 and 25 when we got married because we did it all on our own with no help. We put ourselves through college, paid for our own wedding, paid for our house downpayment. Obviously, all that money would have been saved if we didn’t have to cover it ourselves.
We will both be 23 by the time we get married. I am a teacher and she is a nurse. We have $250000 in savings