(Closed) Money, Money

posted 8 years ago in 20 Something
Post # 17
8570 posts
Bumble Beekeeper
  • Wedding: October 2014

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@bmo88:  Also, that alot of our money is invested in items, rather than saved. We both have pretty expensive laptops & desktops, digital cameras, tvs, I have ALOT of jewelry thats worth a bunch. We really aren’t the saving people.

BUT, if we needed to come up with alot of money fast, I’d say if we got rid of most of our things [including a car that we don’t really NEED, but have just in case], we could come up with 15,000 easily.

Post # 18
78 posts
Worker bee
  • Wedding: November 2015 - Russell\'s Pizza House

I am 26 and have been out of university for almost 2 years and saving for most of that. I have been fairly tight on the budget and have managed to save 22k if I include money owed to me. 

Post # 19
3172 posts
Sugar bee

I’m 27 and have 2500 in savings because I paid off my car. I am also completely debt free and I don’t know how much off the top of my head I have in retirement savings but it is probably around 10k.

Post # 20
959 posts
Busy bee
  • Wedding: July 2013

I’m 24, have $24,000 currently, including Emergency and RSPs (I have a pension though so the RSPs aren’t that high). Last year I bought my house and I sunk $50,000 into it. 

And I have no debt other than my mortgage 🙂 Cars are always paid in full on purchase… Though I never buy new.

Post # 21
663 posts
Busy bee
  • Wedding: June 2014 - EDD 06/12/2016

@RoseyBee:  I am 20 and I have $14,000 in savings. My Fiance is 21 and has $6,500 in savings. But we also live with my parents for free and Amy parents are paying for the wedding, we are going to buy a house this summer.

Post # 22
700 posts
Busy bee
  • Wedding: June 2012

I’m 26, DH is 28. We have about $4K in savings… just spent $30K on the wedding (no debt; $12K from parents) and spent another $8K moving up to NYC where I’m going to school. We’re really trying to save up to eventually buy a house and have kids, but it’s tough. I also have about $2K in a Roth IRA… DH has nothing for retirement (yet… that’s about to change).

Post # 23
204 posts
Helper bee
  • Wedding: July 2017

I feel a little behind the 8 ball here but I’ve been struggling with some health issues up until about 8 months ago so saving wasn’t even in my sights….

I’m 24 and I currently have about $1700 to my name. I do have a retirement plan through my job but that’s really not much. Any good suggestions on saving?  We have a young child and I’m the only one working as my Fiance is in school and stays with our daughter on days off. Everything is just so expensive!! Bills, bills, bills, I feel like it never ends!

Post # 24
523 posts
Busy bee
  • Wedding: August 2014

I’m 21 Fiance 22 we just got engaged Monday and have about 2000 saved in a account. We both go to school full time I graduate in May and him in August! He works full time and me PT so that’s not too bad

Post # 25
293 posts
Helper bee
  • Wedding: June 2013

I’m 19, Fiance is 22
We have about 10k in checking, 7k in savings. We work hard and don’t spend our money like crazy. We started with 3k and 4k three months ago! So we’ve come a long ways! My parents are paying for the wedding, I’m paying for Bridesmaid or Best Man gifts, etc.

Post # 26
280 posts
Helper bee
  • Wedding: May 2013

Seems that I’m a bit behind, haha.  I’m 25 and have $2,000 in my savings.  That’s it.  I do weekly transfers of $50 (right now it’s all that I can afford) and will soon be starting my retirement account, as I just started a new job and for the first time I am able to actually contribute to something like that.  I only make $31k a year though and after taxes and benefits, I bring home about $1,700 a month so it’s not a lot at all.  Fiance is in a similar boat as me, although he has been working on his retirement for a few years but since that money is not readily available we don’t usually count it in what we have saved.  We’re on a strict savings plan though to save up for a house downpayment in a couple of years.  Between the two of us, we hope to have $10,000 – $15,000 saved up which for our area is pretty realistic for a downpayment. 

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