How much should a 21 year old save

Clockwatchersaver

I bought my sis a car for 6k and have 18k at 21

laptop80

Clockwatchersaver wrote: »

I bought my sis a car for 6k and have 18k at 21

It's an ok start. To be average you will need to have saved 27k and bought your sister a mink coat by the time you are 22.

Please keep us updated with your progress.

The_White_Horse

depends what you earn and what your expenses are.

JJB_

The_White_Horse wrote: »

depends what you earn and what your expenses are.

I've been at the job for 2 years but the first year I was on 180 a week. So I couldn't really save from that was scrapping through

Now earn 1200 a month. Been earning that for about 8 or 9 months

300 car
100 rent
100 petrol
Food about 200

Also like gambling. Stopped now just focused on saving
:beer:

barbarawright

JJB_ wrote: »

I've been at the job for 2 years but the first year I was on 180 a week. So I couldn't really save from that was scrapping through

Now earn 1200 a month. Been earning that for about 8 or 9 months

300 car
100 rent
100 petrol
Food about 200

Also like gambling. Stopped now just focused on saving
:beer:

When I was 21 I preferred a social life to £300 a month on a car and obsessive saving. Takes all sorts

JJB_

My social life ain't too bad. But I understand what your saying. Maybe I should just chill out and enjoy life at this age :beer:

Nine_Lives

Hang on a minute, didn't we have this 18yr old/ 21 yr old etc nonsense a few weeks/months ago?

Shiloe

Clockwatchersaver wrote: »

I am 21 years old and I have £18,000.00 saved is that below average?

Yes it is so hurry up and save more ... moronic troll :T

hunsbury0

Well done on your savings, but also treat your self now & then. I am pleased to know that you have gven up gambling.

JJB_

Thanks man. Happy I joined this forum, everyone is cool:j
I don't know if this would be the right place to ask but what would be the minimum you would need to buy stock or start a portfolio?

Thanks for being so friendly