Penny pinchers discuss the normal age to hit $100K in savings: ‘It seems like everyone is doing it by 21’

At what age did you save your first $100K? For some of you, that question makes you laugh out loud. You barely have $ 1,000 in savings, let alone 100 times $1,000. Saving a ton of money is not always someone’s top priority, especially if they’re paying off debt or live in a high-cost-of-living area. My roommate is always saying she’s just trying to get through her 20s without getting into debt. If she’s able to do that, she’ll be in a better financial position than most people. 

Other people can’t stack cash quickly enough. If you’ve ever met someone who has saved over $ 100,000 before reaching the age of 23, you know that it takes over their life. There are worse hobbies than making as much money as quickly as possible, but there has to be some kind of middle ground between saving no money and saving all of your money.

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