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re: How much money did you have at 25? What was your life like?

Posted on 3/13/21 at 4:47 pm to
Posted by ShermanTxTiger
Broussard, La
Member since Oct 2007
11384 posts
Posted on 3/13/21 at 4:47 pm to
I had about $350 in savings and $67 in checking.
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
30520 posts
Posted on 3/13/21 at 4:50 pm to
Just out of law school, just started working, just got married, just bought a new house. Pretty much all the money we had saved went to the downpayment on the house. Most every penny we made was going back out for furnishing and decorating the house and fixing up the yard. I doubt I had more than $2k in hand at "the end of the month" the first year after we bought the house. The positive is neither of us had student loans.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53541 posts
Posted on 3/13/21 at 4:51 pm to
quote:

Like $500

And if a cute girl said let's go party in New Orleans tonight I'd have had zero the next day
Posted by CSATiger
The Battlefield
Member since Aug 2010
6912 posts
Posted on 3/13/21 at 4:57 pm to
newly married and working oilfield in Broussard, 1982. so not much
Posted by BabyTac
Austin, TX
Member since Jun 2008
16679 posts
Posted on 3/13/21 at 4:57 pm to
Had $600 to my name when I graduated college. At 25, prob had around $3000 in a savings account. At 43, have zero debt, own my home outright, and am worth about 1.5 million.

Save baws. Even tho it doesn’t seem like much. Save, buy land, never touch your 401k, and never get a credit card.
This post was edited on 3/13/21 at 4:59 pm
Posted by StringedInstruments
Member since Oct 2013
20907 posts
Posted on 3/13/21 at 4:57 pm to
Married too young. Bought a house too quickly. Watched its value tank in the housing crisis. Unhappy with my career choice but stuck because of the house. House was also far away from town and friends and we didn’t identify much with the area we lived in.

We had very little disposable income and lived on a budget.

My 20s mostly sucked.
This post was edited on 3/13/21 at 5:01 pm
Posted by philly444
stuck in contraflow
Member since Nov 2008
12381 posts
Posted on 3/13/21 at 5:00 pm to
probably like $45k to my name. Lived in New Orleans, sharing a house with 2 other guys. I could've bought a house earlier in life, but honestly I just enjoyed their company
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53541 posts
Posted on 3/13/21 at 5:00 pm to
quote:

Bought a house too quickly. Watched its value tank in the housing crisis

I bought my first house at 26-27 around 2005 and sold it at a loss 7-8 years later. Luckily it was a fairly cheap starter home so we were able to absorb that fine at the time. I had started making a lot more money in my early 30s.
This post was edited on 3/13/21 at 5:02 pm
Posted by SpotCheckBilly
Member since May 2020
8524 posts
Posted on 3/13/21 at 5:09 pm to
At 25, I graduated college (no debt) and got a divorce. No debt, no money, and no ex. As Meatloaf said, "Two out of three ain't bad."
Posted by Tiger in the Sticks
Back in the Boot
Member since Jan 2007
1837 posts
Posted on 3/13/21 at 5:11 pm to
We’d been married a couple of years and purchased our first home. We had our first son, and I sold my car to stay home with him. Absolutely lived paycheck to paycheck, but it was an incredibly happy time.
Posted by The Torch
DFW The Dub
Member since Aug 2014
29625 posts
Posted on 3/13/21 at 5:15 pm to
I had an extended college career and worked construction for my uncle while taking classes.

We made $6.00 an hour cash and were rich every Friday and broke by the next Monday.


So it depended on what day it was
Posted by IT_Dawg
Georgia
Member since Oct 2012
26705 posts
Posted on 3/13/21 at 5:21 pm to
I was doing really well at 25. Making bank selling IT. Still make a shitload, but having wife and kids and houses and cars and the rest eats into fun spending cash...and retirement
Posted by Popths
Baton Rouge
Member since Aug 2016
4508 posts
Posted on 3/13/21 at 5:27 pm to
25 was 35 years ago. I can barely remember last week.
Posted by Tigerlaff
FIGHTING out of the Carencro Sonic
Member since Jan 2010
22771 posts
Posted on 3/13/21 at 5:38 pm to
$0. Was still in school.
Posted by Papercutninja
Member since Feb 2010
1616 posts
Posted on 3/13/21 at 5:42 pm to
I spent my 25th birthday in Iraq as an IED sponge. These fake metrics are ridiculous, although at the time I had about $20k because the PX only sold cigarettes and Maxims for the jerking.
Posted by Gee Grenouille
Member since Jul 2018
8062 posts
Posted on 3/13/21 at 5:52 pm to
"Hurricane Katrina changed that for us. Although that technically hit before my 25th birthday"

we might share a BDAY. November 30th
Posted by Gee Grenouille
Member since Jul 2018
8062 posts
Posted on 3/13/21 at 5:54 pm to
Didn't have shite. But Katrina changed everything for me. There was enough construction work locally to pay my way through tech school. 2007 got on with the company I still work for.
Posted by litenin
Houston
Member since Mar 2016
2755 posts
Posted on 3/13/21 at 5:55 pm to
2002ish, not much saved. Just got married and holding on to a professional job for > 1 year was goal. Got my CPA about a year later, along with 1st kid. Warp drive from then on.
This post was edited on 3/13/21 at 5:56 pm
Posted by ELVIS U
Member since Feb 2007
11821 posts
Posted on 3/13/21 at 5:59 pm to
I was still in school and had about $10,000. I had just gotten married. Life was good.
Posted by 0
Member since Aug 2011
17853 posts
Posted on 3/13/21 at 6:20 pm to
quote:

How much money did you have at 25?


Actually was doing pretty well until I met my now wife Had an entry level sup job that paid about 45k but had no bills besides a $500 rent and utilities. So about half of my paycheck was going into savings.

quote:

What was your life like?


I worked nights at the time so a ton of day drinking while playing call of duty. It was simple if nothing else
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