Hi
Am new here so please go easy on me!
I am in my late 20's, live alone and work full time in a mid level income
job. I rent and have no mortgage etc.
I have the usual bills to meet each month, (I also get paid monthly)
car upkeep, esb,phone,internet,sat tv etc.
I don't go mad on luxuries but at the same time I don't keep an ultra tight
belt by any means.
I'm just very curious to know or get a ballpark idea of just how much
someone my age should have saved?
I'm in full time employment for over seven years now, I try to save as much as possible.
I save for the future, for holidays, for the fact that in the current climate you don't know how long your job will last and for any unforseen circumstances.
I was going to post a figure in terms of what I have saved but I think that might be unwise as I have read posts on here from people who are in precarious positions financially and I would think the last thing they'd want to read is how much better off (if at all) someone else is.
I'm also hoping to maybe get some help on how to make the most of my savings as I am totally clueless when it comes to say shares or markets etc. It's all in the bank and I'm not sure that's the wisest.
If anyone with advice would rather pm me that would be appreciated.
(by the way my username is based on the tv show not me!)
Am new here so please go easy on me!
I am in my late 20's, live alone and work full time in a mid level income
job. I rent and have no mortgage etc.
I have the usual bills to meet each month, (I also get paid monthly)
car upkeep, esb,phone,internet,sat tv etc.
I don't go mad on luxuries but at the same time I don't keep an ultra tight
belt by any means.
I'm just very curious to know or get a ballpark idea of just how much
someone my age should have saved?
I'm in full time employment for over seven years now, I try to save as much as possible.
I save for the future, for holidays, for the fact that in the current climate you don't know how long your job will last and for any unforseen circumstances.
I was going to post a figure in terms of what I have saved but I think that might be unwise as I have read posts on here from people who are in precarious positions financially and I would think the last thing they'd want to read is how much better off (if at all) someone else is.
I'm also hoping to maybe get some help on how to make the most of my savings as I am totally clueless when it comes to say shares or markets etc. It's all in the bank and I'm not sure that's the wisest.
If anyone with advice would rather pm me that would be appreciated.
(by the way my username is based on the tv show not me!)