I was talking about this the other day with people and then it came up again.
What amount of savings/money in the bank/cash is typical for someone in their early 20s? I feel like I save more than most people my age but I don't have a clear idea. Someone I was talking to asserted that not just most, but nearly all people my age (21) have no more than a few hundred dollars at any one time but that seemed low to me, but I do have many friends like that.
How about people a little older, such as 23, 25, or 27, who (especially beyond 23) are working full time and have been living on their own for a while?
This is all related to working on moving into an apartment of my own and figuring out investments. I'd like to have enough money to act as buffer so I don't have to worry about living paycheck to paycheck.
If you're in your 20s, are you broke? How have your living expenses effected your bank account? If you're older, how did things progress for you?