How Much Money You Should Save in 2024 (By Age)

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I'm in my mother's uterus and have $98k saved up with no debts at the moment. I also have a college degree in Neuroscience with no student loans. I'm better than you all

xy
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I'm still unborn but already with 1mil saved, I also just got my PhD in physics.

anastasia
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Yes stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

michealwrubell
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I’m 23 yrs and have $48k saved up with no debts at the moment (Also got a college degree in Economics with no student loans)
Edit: I’m at $150K now

Skyline_r
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The best time to plant a tree was 20 years ago the second best time is right now stay well brothers

tfinnan
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You're pretty much good in your 20s if you don't have kids yet...

themattrixrevolution
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I’m 37 and have $51K saved and no debt.

lady
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The average home buyer in Cali can’t say they’re part of the 1% unless their house is paid off. You only receive the equity you have in the house if you sell it..

JDizz
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Rich people keeps getting richer by spending less yet investing more while the poor spends more yet no investment.

johnathanwilliams
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Me : i’ll start saving now
Next day: spends it all

michellezzh
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I wish everyone who read this comment can one day approach financial freedom. GL!

gatsbyliu
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The best time was to start 10 years ago, the second best time is today

provolone
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I started saving as much as I can since my earliest 20s. I always wanted to buy a home. In 2017 the opportunity came. I was 35 with 110k saved up in my savings. I took it all out and put a down payment on a house worth 375k in california. Now its 2020 and it's been rough trying to save. But I have managed to save 50k and my house has gone up in value since 2017. I try to live a frugal life and not spend on things that I dont need. Now my next goal is saving for retirement. I have a retirement plan with my current employer and a small pension with my last employer. I also put money in my saving wich I dont touch for nothing. If I cant afford it I wont buy it!!

LuisHernandez-rktp
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“Do not save what is left after spending; instead spend what is left after saving.”
― Warren Buffett

QuestionEverythingButWHY
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This video blew my mind, I started a while ago, but now, I'm getting serious about it, Saving + Investing, both at the same time, thanks !

nicolash.
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Nicely done video and good content of course as well!

tasodrums
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a car is a liability because deprecation over time and repairs and the house is only an asset if its appreciating or fully paid off

Octive
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Stay blessed.. and always think Proactive!
Oh and need i remind, Greed is Good - Gecko man's the Guru!

varunemani
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I’m 24, I went from out of state to in state, graduated from UW debt free. Parents and I paid over $108, 000 for a worthless college degree. We learned a lot of lessons. Now I have over $40, 000+ from savings, investments

Living below your means, reading financial education books - Jim rohn, Robert kiyosaki, George Clayson, Tim Ferris. These all help a lot.

I hope you guys reach your goals too. If I can do it, you can too, live with parents if you can make good decisions. Learn from the elderly, it makes you wiser! Good luck guys!

adobotravels
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Great content! Thanks for inspiring me to make my own financial channel!

financialfox