An actual guy in their 20s finances
Hi. I keep seeing posts on here of people saying they're in their early 20's and want advice on how to save/ spend their savings which are often in the realms of 40k to 50k.
Before I go on I would like to clarify this is in no way a criticism of these people and I am not jealous of their success either. I just would like to give the average UK guy/ girl a more realistic view of finances in 20's - seen as average salary in the UK is still around 30k and renting in cities often will put you back 800 to 1000 a month.
I am 27M , worked for 4 years as a structural engineer following graduating University with a masters in Civil Engineering back in 2020 and have managed to put together a total savings pot of £14,500 during this time. This is with living normally, paying my rent and not having any particularly expensive habits.
I am thankful for being as lucky as I am to be able to save this kinda money as I know for a lot of people even this amount would be difficult to reach.
I'm definitely not the best person to ask for financial advice as I have recently quit my job and am living on the above savings while i travel the world for the next year.