This is sort of a funny question... because I am 22 (still live with my parents, finished college, employed and paying student loans).
HOWEVER... this is a serious question. For people in my age group (~20-25)... I have seen the following:
-They have kids
-They have pets
-They have a car + various car repairs
-They are in school
-They have rent + various bills
-They have student loans
YET... I always see these people in my age group always going out, traveling to different countries, partying, and just living life. How do they have enough money to still enjoy life?
Even though I have a good job and live with my parents, it is still a struggle for me to keep my money afloat at times... and I don't even go out too much. And yes... I do budget. I put money towards my student loans, my bills and my retirement.
Most Helpful Girl
I have no idea! I feel the same. I'm 20 I get paid pretty good I work overtime pretty much every week, I still live with my parents too I'm going to be moving out in a month or so. But yeah pretty much every girl I graduated with is pregnant buying a new house and new car and going on vacations to disney world and stuff.
It took me like two years just to afford a used old car and it's been taking me a year and a half just to save up money to move out. I don't understand how these people can afford it. I literally had two friends that moved house twice in a year.
I think that most of the people our age that can do this probably gets money from relatives. That's the only thing I can think of. If I need money my parents would give me it but I like to be as independent as possible so I make sure I only do what I can afford. Where as I feel like most younger people still feel like it's their parents responsibility to support and pay for their needs.0
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Most Helpful Guy
Pawning, pay-day loans, racking up huge debt. Stuff like that. Basically, they're having fun right now, but it's going to come back and bite them BIG time sooner or later.0