How much in savings

how much in savings

How much in Savings Should a 23 Year Old Have?

I see all the time on this forum where people have this saved up in this account, and that saved up in another.

So Im going to see where I stand on this, given the indulgence of other CD'ers.

Im 23 years old, in college, working part-time as a cashier. Hours vary week-to-week depending on the "whim" of the manager. I can have anywhere from 12 hours in a week to 39 *This one doesnt happen often at all..makes me sad..and broke.

*

I make 7.80 an hour, own about $600 worth of

stock (outright. not counting what they've given me because I dont know) in my company, and have a 401k with about $2,000 in it (It was a bit more a couple years ago. stupid economy/stock market.

)

Is this bad for someone my age? Or is it normal? Any ideas on how to make it better?

Im quite curious after reading other threads.

Any input appreciated.

P.S

I just noticed I got the title flubbed up. its supposed to say "How much" :-S

Last edited by Colddiamond102; 02-09-2010 at 07:16 PM. Reason: Im an idiot and dont check my titles first.

Source: www.city-data.com

Category: Personal Finance

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