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  #81  
Old 06-27-2007, 03:06 PM
Alex1212 Alex1212 is offline
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Join Date: Oct 2005
Posts: 447
Default Re: how much money does the average 20-21 year old have?

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selling virtual gold on my website

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WTF? Pls explain...

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  #82  
Old 06-27-2007, 03:45 PM
Jeff_B Jeff_B is offline
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Join Date: Jul 2005
Location: I need Patience NOW
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Default Re: how much money does the average 20-21 year old have?

wow
i have 6k in credit card debt
no student loans in my last semester
14k on a truck loan and like 200 in the bank

bankroll is like 200 (im a tilt monkey and bust like every other week) with $180 due in rakeback

So I am broke but live nice I guess
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  #83  
Old 06-28-2007, 01:39 AM
NozeCandy NozeCandy is offline
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Join Date: Jul 2006
Location: New Orleans
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Default Re: how much money does the average 20-21 year old have?

Is there a story behind that credit card debt? On the surface it makes you look really, really stupid.
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  #84  
Old 06-28-2007, 04:03 AM
emon87 emon87 is offline
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Join Date: Aug 2004
Location: Evanston, IL.
Posts: 3,826
Default Re: how much money does the average 20-21 year old have?

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Is there a story behind that credit card debt? On the surface it makes you look really, really stupid.

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some of your posts make you look really, really stupid too.
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  #85  
Old 06-28-2007, 04:31 AM
NozeCandy NozeCandy is offline
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Join Date: Jul 2006
Location: New Orleans
Posts: 2,943
Default Re: how much money does the average 20-21 year old have?

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Is there a story behind that credit card debt? On the surface it makes you look really, really stupid.

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some of your posts make you look really, really stupid too.

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Thanks, guy I don't know and can't remember ever talking to at all on here. Find some posts that aren't obvious trolling or sarcasm that make me look stupid and post them. It's probably happened, I just to see it.

I was asking about the debt because it's ridiculous to rack up so much debt while so young and wanted to know the story behind it. My last post was a bit harsh, should have read more like "Wtf is up with all that debt man?"
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  #86  
Old 06-28-2007, 01:45 PM
emon87 emon87 is offline
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Join Date: Aug 2004
Location: Evanston, IL.
Posts: 3,826
Default Re: how much money does the average 20-21 year old have?

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Is there a story behind that credit card debt? On the surface it makes you look really, really stupid.

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some of your posts make you look really, really stupid too.

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Thanks, guy I don't know and can't remember ever talking to at all on here. Find some posts that aren't obvious trolling or sarcasm that make me look stupid and post them. It's probably happened, I just to see it.


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Is there a story behind that credit card debt? On the surface it makes you look really, really stupid.


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  #87  
Old 06-30-2007, 09:42 PM
jkamowitz jkamowitz is offline
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Join Date: Jun 2004
Posts: 1,229
Default Re: how much money does the average 20-21 year old have?

Having just graduated in May I can agree with most posters here that the average 20-21 year old does not have much money. I live with three people.

1. Just quit her job as manager of an Eckerds and now is an editor at a small magazine. She makes around 12/hour and doesn't have much saved if anything. (she currently owes me 60 dollars as she has for the past three weeks)

2. Works playing drums for dance classes in NYC and makes around 30/hour however the work is maybe 6 hours/week. His rent is 360/month and he doesnt have nor need much more than that.

3. Works as a waitress in an upscale Long Island restaurant and makes 30/hourish for about 25 hours/week. She has plenty of money, a rough guestimate would be she has about 20k saved up somewhere.

When I told my parents two years ago that I wanted to take poker seriously they said it was ok as long as I routinely gave them money that they'd invest for me. I strongly recommend this to anyone. It has allowed me to play with an extremely large bankroll, not tilt or risk too much and makes it near impossible to go broke.

Also for those that post how much money they have online, that money isnt yours until you cash it out and deposit it into your bank.
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  #88  
Old 07-01-2007, 12:18 PM
catalyst catalyst is offline
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Join Date: Jun 2006
Location: Merry Woodland Critter Xmas
Posts: 2,953
Default Re: how much money does the average 20-21 year old have?

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Is there a story behind that credit card debt? On the surface it makes you look really, really stupid.

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He's "broke but lives nice." Kid with no money likes to spend it, pretty obvious answer.

And I think emon's venom (right or wrong) is stemming from the fact that a kid with 350-400k in savings from their parents is comdemning credit card debt. Or, he just thinks the answer is so obvious that it's a stupid question.

Either way, everyone have a nice day!
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  #89  
Old 07-02-2007, 04:54 AM
Larry the Dog Larry the Dog is offline
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Join Date: Jun 2007
Posts: 31
Default Re: how much money does the average 20-21 year old have?

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Is there a story behind that credit card debt? On the surface it makes you look really, really stupid.

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He's "broke but lives nice." Kid with no money likes to spend it, pretty obvious answer.

And I think emon's venom (right or wrong) is stemming from the fact that a kid with 350-400k in savings from their parents is comdemning credit card debt. Or, he just thinks the answer is so obvious that it's a stupid question.

Either way, everyone have a nice day!

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I was just wanting to hear the story of what he actually spent it on; I obviously could surmise what generally happened.

Also, why can't I condemn credit card debt? I'm not entirely sure if that's what you were saying or not, but it's ridiculous to live outside your means, no matter what they may be. That's my point.

This is nozecandy btw, primary account is on a 24 hour vacay.
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  #90  
Old 07-04-2007, 12:56 AM
SuperUberBob SuperUberBob is offline
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Join Date: Feb 2006
Location: In a dirty apartment
Posts: 6,560
Default Re: how much money does the average 20-21 year old have?

Most people in their early 20's are thousands of dollars in debt. I call PSU alumni and ask them for money. Almost every early 20's person I call is in debt up to their ears.
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