Credits: Social Media
A TikTok user asked how much money she should have saved and the responses are wild
A TikTok user has gone viral after asking what the normal amount of money is for a 23-year-old to have saved and the responses are crazy.
Serena Kodani asked the question in a viral video in December and its been stitched by thousands across the world who have wildly varying answers.
TikTok user asks how much savings she should have
Can someone tell me what a normal amount of money for a 23-year-old in their savings account should be? she asked in the TikTok video which has had more than 6.3 million views.
Im just asking cause Im a just a little curious because some of my friends say they have – theyre like Oh my god Im so broke I just have $15,000 in my bank account.
She added that they have enough money to put a down payment on a car and shouted: “I just had enough nickels to scrounge up to get me a little McDouble!”
The TikTok user said that many of her friends are in debt, but she’s too scared to get a credit card because she doesn’t trust herself.
“I do not trust myself. I cant remember how much money I spent on – I just checked my bank account Im so scared – I dont know how much a normal amount is, help! she concluded.
The comments are wildly different
The conclusion is that there is no normal amount for a person to have saved because social media users’ responses are wildly different.
One person wrote: Im 24 and have 26k in checking & 15k in a HYSA but I also have severe money anxiety.
I say anywhere from $3,000 to $5,000 is a normal amount of savings for a 23-year-old, another commented.
A third person added: I have 160 dollars in my savings account and Im gonna transfer it tomorrow to get a bagel.
“Maybe Im irresponsible but I dont have a savings account. I could die tomorrow, If I have it Im gonna spent it, someone else said.
How much money you have saved cant be determined by your age as there are a number of different factors that affect it.
Things like your job, upbringing, lifestyle, dependents and so much more all go into how much you will have saved up.
If you want some tips on how to save money, why not give one of these three money-saving challenges a try to kickstart your 2024 goals.
