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Old 02-05-2005, 05:04 PM   #1
buddyjuf
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say you take a 20 year old...

and he tell you how much he has saved up in his bank account


how much $ (for a 20 year old) in his bank account impress you? say that this 20 year old has been successful?

plz answer as honestly as possible, thanx!
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Old 02-05-2005, 05:07 PM   #2
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why would you tell how much you saved in your bank account? That's plain stupid.

Keep those things for yourself, why impress the chick she will hunt your money only.
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Old 02-05-2005, 05:07 PM   #3
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Old 02-05-2005, 05:09 PM   #4
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Average 20 year old, a large negative balance on credit cards with maybe under 200.00 in his checking/savings.
Typical self employed 20 year old, some money owed in credit but maybe 5-10k checking/savings.
Successfull 20 year old, no credit balances past 28 days, and next to nothing in a savings account and 10k in checking. Rest put elsewhere to earn real returns.

P.S. none would really impress me, as how much someone else has really means jack shit to me.
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Old 02-05-2005, 05:09 PM   #5
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Quote:
Originally Posted by Dalai lama
why would you tell how much you saved in your bank account? That's plain stupid.

Keep those things for yourself, why impress the chick she will hunt your money only.
whoa, dude you are totally not understanding the purposs of my question...

nobody is flashing money to nobody here...

it's a simple hypothetical question


and I am not even talking about myself, I am talking about the population of 20 year olds...
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Old 02-05-2005, 05:09 PM   #6
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Old 02-05-2005, 05:10 PM   #7
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I agree, don't share your worth. Only gets you in trouble.

The only thing that matters is whether or not you think you're successful.
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Old 02-05-2005, 05:10 PM   #8
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at 20 i had no debts and around 20k in savings. I knew quite a few people who had more
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Old 02-05-2005, 05:10 PM   #9
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If a typical 20 year old has $5k I would be surprised.
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Old 02-05-2005, 05:16 PM   #10
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Quote:
Originally Posted by Sly
If a typical 20 year old has $5k I would be surprised.
Most kids in my college don't have $5 from my conversations with them. So far I am the only one that has really anything- but I consider myself not part of the average group.
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Old 02-05-2005, 05:18 PM   #11
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avg 20 yr old to be impressed = 10k in liquid assets
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Old 02-05-2005, 05:22 PM   #12
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In Israel the average 20 year old would probably have around $1k or so...maybe less... depends on what he has been able to earn during high school or whatever he's got as a gift from parents or whoever...
basically most people go to the army right after high school and aren't making any money during this period...
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Old 02-05-2005, 05:31 PM   #13
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In Israel the average 20 year old would probably have around $1k or so...
In Poland even less
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Old 02-05-2005, 05:33 PM   #14
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2 types of "average 20 year olds"

-in school and funded by mommy and daddy
=average savings maybe $500-1000 or whatever their monthly allowance is

-in school with student loans and/or part time job
=average savings maybe $1000-2000, more in the summer when they work and save up for the coming school year
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Old 02-05-2005, 05:33 PM   #15
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In Israel the average 20 year old would probably have around $1k or so...maybe less... depends on what he has been able to earn during high school or whatever he's got as a gift from parents or whoever...
basically most people go to the army right after high school and aren't making any money during this period...
Guess me and you are not in this statistics
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Old 02-05-2005, 05:33 PM   #16
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Old 02-05-2005, 05:34 PM   #17
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that was deep
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Old 02-05-2005, 05:37 PM   #18
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Originally Posted by yuvalus
Guess me and you are not in this statistics
you're not too far from it bro

me, i still got a little while to wait...
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Old 02-05-2005, 05:38 PM   #19
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Old 02-05-2005, 05:38 PM   #20
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Quote:
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Most kids in my college don't have $5 from my conversations with them. So far I am the only one that has really anything- but I consider myself not part of the average group.
Yep. Your average 20yo has nothing, and doesn't have credit cards either. Some may be working their way through college so they only have enough to pay for the next semester so that will be gone soon enough. A fairly successful 20yo, such as the ones in this biz, could have a shitload.
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Old 02-05-2005, 05:38 PM   #21
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Quote:
Originally Posted by bdjuf
whoa, dude you are totally not understanding the purposs of my question...

nobody is flashing money to nobody here...

it's a simple hypothetical question


and I am not even talking about myself, I am talking about the population of 20 year olds...
Aight sorry for the confusing
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Old 02-05-2005, 05:38 PM   #22
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Quote:
Originally Posted by BitchenBob
Yep. Your average 20yo has nothing, and doesn't have credit cards either. Some may be working their way through college so they only have enough to pay for the next semester so that will be gone soon enough. A fairly successful 20yo, such as the ones in this biz, could have a shitload.
Well said, you are the first one that comes up with the correct answer
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Old 02-05-2005, 05:39 PM   #23
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you're not too far from it bro

me, i still got a little while to wait...
said the guy who makes $7K/mo recurring
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Old 02-05-2005, 05:41 PM   #24
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In that age, I know many who managed to rack up credit card debts into the thousands. also know many who make more than their parents.
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Old 02-05-2005, 05:43 PM   #25
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$15k probably. It just means he actually worked and didn't waste his money in the past few years.
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Old 02-05-2005, 05:43 PM   #26
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assuming he/she still lives with his/her parents.
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Old 02-05-2005, 05:44 PM   #27
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I am that age and have around 2k credit card debts. Anyone with 10 or 20k in the bank would impress me.
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Old 02-05-2005, 05:45 PM   #28
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20- $10
25 -$15
30- $40
40- $5 mid life crisis
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Old 02-05-2005, 05:48 PM   #29
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20- $10
25 -$15
30- $40
40- $5 mid life crisis
Are you talking about millions?
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Old 02-05-2005, 05:57 PM   #30
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a 20 year old with any $ saved up is a diamond in the rough.
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Old 02-05-2005, 06:04 PM   #31
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money saved up is nothing ,how much are you making a month ? you should be making at least $2500 / month at 20 if you hope one day to be very succesfull


anything above $7500 should be considered succesfull

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Old 02-05-2005, 06:05 PM   #32
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i'd say an average (not self employed) 20 year old having $750 in a savings account would impress me.
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Old 02-05-2005, 06:09 PM   #33
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Old 02-05-2005, 06:12 PM   #34
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$15k probably. It just means he actually worked and didn't waste his money in the past few years.
You obviously have never been 20.
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Old 02-05-2005, 06:15 PM   #35
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Old 02-05-2005, 06:24 PM   #36
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If a 20 yr old has 5k in the bank i'd be impress! I sure as shit didn't 5k when i was that age!!
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Old 02-05-2005, 07:04 PM   #37
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an impressive 20 yr old would be about a junior in an accredited university working towards an engineering degree, and be strapped with student loans.

he/she would have little or no spendable cash.
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Old 02-05-2005, 07:10 PM   #38
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at 20 i had no debts and around 20k in savings. I knew quite a few people who had more

Same here.
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Old 02-05-2005, 07:11 PM   #39
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avg 20 yr old to be impressed = 10k in liquid assets
I agree. Ditto
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Old 02-05-2005, 07:12 PM   #40
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LOL - thats about right for how much a 20 year old has saved up
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Old 02-05-2005, 07:16 PM   #41
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You need to clarify successful a bit more, 20yo in school will have no cash, those that arent in school and working might have 5-10K saved up, and finding one thats in school and working, and not simply working to pay for school, is the rarest find.

Again, you need to clarify successful, I mean a kid earning good grades and setting himself up for a career would be successful, but would have no cash, likewise a kid with 5-10K in the bank, but no real career prospects or room for advancement making $3-5K/mo now isnt successful, because charting out the next 5-10 years of their life its obvious who would end up on top. (All things being equal of course).

It's completely relative.
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Old 02-05-2005, 07:19 PM   #42
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10k would impress me..

but this depends.. does this 20yo go to college or no?
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Old 02-05-2005, 07:21 PM   #43
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Average is probably 500 bucks ...
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Old 02-05-2005, 08:23 PM   #44
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20 years olds are poor and generally useless. Luckily I am 21 and was never even close to broke, gotta love porn peddling.
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Old 02-05-2005, 08:26 PM   #45
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Quote:
Originally Posted by bdjuf
and he tell you how much he has saved up in his bank account


how much $ (for a 20 year old) in his bank account impress you? say that this 20 year old has been successful?

plz answer as honestly as possible, thanx!

not smart to tell people how much money you have. let people think what they want.


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Old 02-05-2005, 08:49 PM   #46
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Money is relative
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Old 02-05-2005, 10:13 PM   #47
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I can tell you how much I had when I was 20 but it won't impress you.
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Old 02-05-2005, 10:14 PM   #48
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Money is relative
broooo! It's been soo loongg!!

how you been bro?
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Old 02-05-2005, 10:16 PM   #49
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A 20 year old?..... I'd be impressed if they bought a home of any size at that age.
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Old 02-05-2005, 11:26 PM   #50
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a 20 year old with 100g's is impresive to me...
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